Canada sheds 13,000 jobs in December: Report

November jobs revised up to 74,000 from 39,100

Canada sheds 13,000 jobs in December: Report
Job losses were driven by hiring decline in the trade, transportation and utilities and construction sectors, according to a report from ADP. Sarah Dobson

TORONTO (Reuters) - Canada lost 13,000 jobs in December, driven by hiring decline in the trade, transportation and utilities and construction sectors, according to a report from ADP.

The November total of jobs added was revised up to 74,000 from 39,100, ADP said.

"Despite a dip in job growth in December, overall gains for 2018 were strong," said Ahu Yildirmaz, vice-president and co-head of the ADP Research Institute.  "Of the more than 340,000 jobs added this year, education and healthcare, professional services and leisure and hospitality were significant drivers of growth."

The report, which is jointly developed with Moody's Analytics, is derived from ADP's payrolls data of about 40,000 companies.

 

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