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London-St. Thomas unemployment rate falls to 6% in March

Statistics Canada is gearing up for the 2016 census, set to be delivered in May.
Statistics Canada is gearing up for the 2016 census, set to be delivered in May. THE CANADIAN PRESS/Sean Kilpatrick

London’s unemployment rate has fallen for the second straight month.

Stats Canada says the London-St. Thomas jobless rate fell to 6 per cent in March, down from 6.2 per cent the month before.

560 jobs were added in March. The labour force rose last month while the number of people claiming unemployment fell.

London’s unemployment rate hasn’t been this low since early 2016.

Canada’s labour market gained another 19,400 net jobs last month, and the vast majority of the new work was full time.

But latest Statistics Canada job survey also shows the bulk of those new positions were in the self-employment category, which can include people working for a family business without pay. The agency says the country’s unemployment rate crept up in March to 6.7 per cent from 6.6 per cent because more people were looking for work.

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The country lost 2,400 positions in the services sector last month, but added 21,800 factory jobs thanks to the biggest month-to-month surge in manufacturing work since 2002.

The number of private-sector jobs rose 13,700 between February and March, while public-sector positions dropped by 12,700.

In March, British Columbia continued to have the lowest unemployment rate of all provinces, at 5.4 per cent, while Quebec and Ontario each had an unemployment rate of 6.4 per cent.

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