(C) Reuters.
TORONTO (Reuters) – Canada lost 177,300 jobs in March, including sharp declines in trade, transportation and utilities as well as leisure and hospitality, as the coronavirus outbreak hurt the economy, a report from payroll services provider ADP (NASDAQ:ADP) showed on Thursday.
The number of jobs added in February was revised higher to 116,700 from 7,200. The report, which is jointly developed with Moody’s Analytics, is derived from ADP’s payrolls data of about 40,000 companies.
Canada sheds 177,300 jobs in March as coronavirus rips through economy
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.