11.2 per cent and rising


It’s Thanksgiving, but Londoners have no reason to be thankful for the latest job numbers.

Unemployment in the London-St. Thomas area edged up in September for the tenth straight month — to 11.2% from 11.1% — despite a surprising drop in both the national and provincial rates.

“London is threatening to become the land that recovery forgot,” said Douglas Porter, deputy chief economist for BMO Capital Markets and a London native and University of Western Ontario graduate.
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