Unemployment Rate
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London-St. Thomas unemployment rate hits historic lowStatistics Canada released April's unemployment data on Friday. In London-St. Thomas, the figure dropped nearly half a percentage point from March.EconomyMay 5
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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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London-St. Thomas fell below 5% national unemployment rate in March: StatCanThe London-St. Thomas jobless rate fell to 4.8 per cent in March, the lowest level recorded by Statistics Canada since last April.EconomyApr 6
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Unemployment rate in Kelowna, B.C. improves to 4% in 2023B.C. went up 0.3 per cent to 4.4, also nearing historic lows. In Kelowna, the unemployment rate in January is at four per cent, down 0.2 per cent from the previous month.CanadaFeb 10
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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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It was a ‘blowout’ jobs gain in January. What could this mean for rate hikes, recession?Canada's labour market remains tight as the unemployment rate held just above the record-low at 5.0 per cent amid a surge of 150,000 new jobs in January.EconomyFeb 10
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Recession will be ‘deeper’ than first thought, but job loss will be minimal: DeloitteThe Bank of Canada's interest rate hikes to date will push Canada into a 'deeper' recession than Deloitte first thought, but the finance firm still expects minimal job losses.EconomyJan 17
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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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Greater Kelowna enjoys minor job growth in December, StatCan data showsVictoria had the best unemployment rate in B.C., coming in at 3.4 per cent. That was down from 3.5 per cent in November, making it the fourth lowest unemployment rate in Canada.EconomyJan 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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