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Strategies & Market Trends : The Great Canadian Stock Index
AAA 25.180.0%Jan 17 3:00 PM EDT

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From: Maple MAGA 2/18/2021 9:05:32 PM
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BUSINESS NEWS

FEBRUARY 18, 2021 / 08:48 AM

Canada sees biggest jobs decline in eight months in January: ADP

TORONTO (Reuters) - Canada lost 231,200 jobs in January, the largest decrease since May last year, led by declines in the trade, transportation and utilities and leisure and hospitality sectors, a report from payroll services provider ADP showed on Thursday.

December data was revised to show 338,200 jobs were gained rather than a decline of 28,800. 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 John Stonestreet

Our Standards: The Thomson Reuters Trust Principles
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