November 15, 2018 / 1:46 PM / a month ago

Canada sheds jobs in October as September gain revised up: ADP

A sign advertising available jobs at the Clocktower Brew Pub hangs in a window in Ottawa, Ontario, Canada, November 9, 2017. REUTERS/Chris Wattie

TORONTO (Reuters) - Canada lost 23,000 jobs in October, driven by a decline in hiring in the trade, transportation and utilities and natural resources and mining sectors, according to a report from ADP released on Thursday.

The number of jobs added in September was revised higher to 66,900 from 28,800, ADP said. The report, which is jointly developed with Moody’s Analytics, is derived from ADP’s payrolls data of about 40,000 companies.

Reporting by Fergal Smith

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