Canada sheds jobs for second straight month in February: ADP
FILE PHOTO: A "Help wanted" sign is seen in the window of a bakery in Ottawa, Ontario, Canada, November 2, 2017. REUTERS/Chris Wattie
TORONTO (Reuters) - Canada lost 100,800 jobs in February, driven by a decline in hiring in the leisure and hospitality as well as the trade and construction sectors, a report from payroll services provider ADP showed on Thursday.
The January data was revised to show 65,800 jobs were lost rather than a decline of 231,200. The report, which is derived from ADP's payrolls data, measures the change in total nonfarm payroll employment each month on a seasonally-adjusted basis.
(Reporting by Fergal Smith; Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple reportedly cuts jobs in Siri and Vision Pro teams amid AI shift
- India launches rescue operation as bulk carrier sinks off east coast
- EU sends helicopters, firefighters to Serbia to tackle wildfires
Create E-mail Alert Related Categories
ReutersRelated Entities
LayoffsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share