THE LONDON REGION’S unemployment rate fell in November by half of a percentage point, according to figures released Friday by Statistics Canada.
The jobless rate for the London Census Metropolitan Area, which includes St. Thomas, Strathroy and portions of Middlesex and Elgin counties, was 8.4 per cent in November. It was 8.9 per cent in October.
Story Continues Below
According to Stats Can, fewer people were actively looking for work in the region last month, which was reflected in a drop in the participation rate, which fell from 62.1 per cent in October to 61.3 per cent in November.
Nationally, the unemployment rate fell to 8.5 per cent, down from 8.9 per cent in October, while Ontario’s jobless rate dipped to 9.1, down from 9.6 the previous month.
No one wants to say it, but we’re probably in a small business recession
Price check: A sampling of high- and low-priced real estate listings around town this week
A summary of recent commercial real estate activity in London
93 The Promenade: $739,900 for a to-be-built two storey home in Port Stanley’s Kokomo Beach Club
A growing number of companies are launching men’s groups with surprisingly positive outcomes
Some top CEOs are raging about employees texting in meetings. Others hold different views