Economy bled 22,600 jobs from September to October: ADP
By Talent Canada Staff
Canada’s economy shed 22,600 jobs from September to October, according to the monthly ADP Canada National Employment Report.
“The labour market paused in October and most job sectors posted declines,” said Ahu Yildirmaz, vice-president and co-head of the ADP Research Institute. “However, leisure and hospitality experience a gain likely due to the seasonality nature of the industry.”
The report, derived from ADP payroll data, measures the change in total non-farm employment each month on a seasonally-adjusted basis.
Job losses, gains by industry
|Natural resources and mining||-3,500|
|Trade/transportation and utilities||-7,000|
|Education and health care||-7,800|
|Leisure and hospitality||4,900|
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