Unemployment Inches Up To 7.5%
Unemployment in London-St.Thomas is back up to where it was in September: 7.5%.
The rate inched up 1/10 of a percentage point from the October rate of 7.4%.
Nationally, joblessness continues to improve. Stats-Can reports October’s rate across Canada is 6.5%, down from 6.8% and the lowest in six years. The economy generated 43,100 net new jobs in October.
The report says Ontario, Manitoba, Prince Edward Island and Nova Scotia added jobs.