Labour Force
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London-St. Thomas sits at record low unemployment rate for 2nd straight monthThe London-St. Thomas jobless rate held steady at its record low level of 4.4 per cent for the second month in a row.EconomyJun 9
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More Canadian companies adopt ‘stay interviews’ amid push to retain staffThe discussions are designed to collect feedback from employees and are aimed at learning what the company can do to retain valued team members and keep them happy.CanadaMay 29
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‘I don’t take days off’: Small business owners face brutal hours in talent crunchCanadian small business owners faced with a persistent labour shortage are working an average of 59 hours per week, a recent report finds.CanadaApr 27
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Layoffs, boomers, interest rates: Why Canada’s jobs market shows ‘no signs of slowing’The 150,000 new jobs recorded in January was 10 times more than expected, one economist noted.EconomyFeb 14
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London-St. Thomas starts 2023 by adding 1,700 jobs in January: Statistics CanadaAccording to Statistics Canada, the last time the unemployment rate in London-St. Thomas was this low was back last spring when it was 4.8 per cent in April.CanadaFeb 10
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Canadian workers’ wages are on the rise. Can they keep pace with inflation?Wages were on the rise in the back half of 2022, but have yet to catch up with inflation. Economists say that's hurting low-income workers.MoneyJan 6
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London-St. Thomas loses 1,200 jobs to close out 2022: Statistics CanadaThe area’s unemployment rate dipped slightly to 5.8 per cent last month, down from 5.9 in November and marking the second time that figure has dipped below 6 per cent since June.ConsumerJan 6
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Canadian businesses think a recession is coming. What does that mean for jobs?A majority of businesses say they will continue to hire in the next year even as most feel a recession is on the horizon, according to a new Bank of Canada survey.EconomyOct 17, 2022
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Some sectors in Canada are seeing a wave of retirements. Burnout might be whyHealth care and construction are among the sectors bearing the brunt of retirements, creating challenges in Canada's labour market.EconomySep 30, 2022
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London-St. Thomas jobless rate fell to 4.8% in April, lowest since April 2019Statistics Canada reports 2,300 jobs were created in April, while London-St. Thomas' labour rose by 500 and the number of people on unemployment declined by 1,700.EconomyMay 6, 2022
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