TORONTO (Reuters) - Canadian employment declined by 79,500 in October, led by job losses in the trade, transportation and utilities sector a report from payroll services provider ADP (NASDAQ:ADP) showed on Thursday.
It was the eighth straight month of job losses, with the September data revised to show 564,400 jobs were shed rather than a 240,800 decline. 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.