EMPLOYMENT London-St. Thomas unemployment rate falls to lowest level since June 2007

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EMPLOYMENT London-St. Thomas unemployment rate falls to lowest level since June 2007
Topic Started: Feb 6 2016, 05:00 AM (285 Views)
Darcie	Feb 6 2016, 05:00 AM Post #1
Skeptic Posts: 31,154 Group: Member Member #714 Joined: March 30, 2010	Quote: The jobless rate in the London area fell to 5.8% in January, the lowest rate since June 2007, and down from 6.1% the previous month. But it wasn't as good as it looks. The number of people with jobs in London-St. Thomas actually fell slightly, but the labour force fell by 1,300, causing the unemployment rate to drop, Statistics Canada said. Statistics Canada had initially reported the December rate as 6.1% but adjusted it down as part of an annual review. Across Canada the number employed was almost unchanged, but the unemployment rate edged up to 7.2% from 7.1% in January. http://www.lfpress.com/2016/02/05/london-st-thomas-unemployment-rate-falls-to-lowest-level-since-june-2007 I guess not all areas in Canada are in a downward turn.



Trotsky	Feb 6 2016, 09:14 AM Post #2
Big City Boy Posts: 38,319 Group: Member Member #79 Joined: September 8, 2005	Just remember, when there are no more jobs, and everyone is unemployed, and everyone knows this and gives up looking, the unemployment rate will fall to ZERO: that's the way it is set up. When you are unemployed long enough you cease to be counted in the Unemployment Rate. It is a completely meaningless number. Edited by Trotsky, Feb 6 2016, 09:18 AM.



Darcie	Feb 6 2016, 09:52 AM Post #3
Skeptic Posts: 31,154 Group: Member Member #714 Joined: March 30, 2010	Only thing is we in London know a lot of people who were unemployed and are now working



Trotsky	Feb 6 2016, 09:58 AM Post #4
Big City Boy Posts: 38,319 Group: Member Member #79 Joined: September 8, 2005	Posted Image



wildie	Feb 6 2016, 11:31 AM Post #5
Veteran Member Posts: 12,173 Group: Member Member #442 Joined: October 11, 2006	Things are looking up here, though! We are producing Bradley armored vehicles for Saudi Arabia, like they are going out of style. Much the same story for the drones that we are building for the U.S. military and now we will be building the shell and wings for the German Dornier seaplane. All this, due to ISIS activity! Gotta love them guys!



swing	Feb 8 2016, 11:41 AM Post #6
swing Posts: 9,979 Group: Member Member #359 Joined: August 18, 2006	Good news for London, heard on Global last evening where 51000,00 people are unemployed in just Edmonton!



Darcie	Feb 8 2016, 11:59 AM Post #7
Skeptic Posts: 31,154 Group: Member Member #714 Joined: March 30, 2010	swing Feb 8 2016, 11:41 AM Good news for London, heard on Global last evening where 51000,00 people are unemployed in just Edmonton! Not good news Swing.



margrace	Feb 9 2016, 02:03 AM Post #8
Gold Star Member Posts: 5,367 Group: Member Member #723 Joined: April 1, 2010	Did anyone see the interview of the London man by Trudeau. It was about the lose of jobs



Darcie	Feb 9 2016, 02:11 AM Post #9
Skeptic Posts: 31,154 Group: Member Member #714 Joined: March 30, 2010	margrace Feb 9 2016, 02:03 AM Did anyone see the interview of the London man by Trudeau. It was about the lose of jobs There used to be many families without jobs but at least now some are getting jobs, most in the area of manufacturing. Many are also involved in the manufacturing of windmills and the required components as well as the construction and installation process.



blizzard	Feb 10 2016, 03:07 AM Post #10
Gold Star Member Posts: 4,152 Group: Member Member #1,012 Joined: July 8, 2013	In Kingston there are not many jobs unless a job seeker wants to only work part time in retail at minimum wage or was smart enough to enter a higher education field in health, justice (cannot recall the correct term) or administration. There is work, just not enough to support a family. My SIL works at a bakery, my D is still looking for work but had to severely pare her resume back to even get her foot in the door. She is at the point of taking anything right now. A waste of education? I hope not.



Darcie	Feb 10 2016, 06:09 AM Post #11
Skeptic Posts: 31,154 Group: Member Member #714 Joined: March 30, 2010	One friend has a granddaughter that took a job serving in a bar. First night she made $180 in tips alone. She previously had a job in her field of education but quit after having to work long hours with no extra pay and a lot of crap from the boss, she was in a predominantly male held field.



Dana	Feb 10 2016, 06:21 AM Post #12
WWS Hummingbird Guru & Wildlife photographer extrordinaire Posts: 13,054 Group: Member Member #830 Joined: March 23, 2011	The 10 worst Canadian cities to find work in at the present time. http://www.huffingtonpost.ca/2016/02/08/worst-city-to-find-job-canada_n_9189314.html Quote: Last month we reported that Guelph, Ont., is the best city in Canada to find a job. But what about the worst city? Right now, that unwelcome honour belongs to Kelowna. In the space of a single year, the city in British Columbia's interior has gone from being one of the best cities in Canada to find a job, to one of the worst. The city of 117,000 fell 31 spots in BMO�s labour market report card � out of 33 spots altogether. (See below for the 10 worst cities in Canada to find a job.)



blizzard	Feb 10 2016, 06:22 AM Post #13
Gold Star Member Posts: 4,152 Group: Member Member #1,012 Joined: July 8, 2013	Hm, I had not thought to suggest bartending/serving. I doubt my D would want to for a few reasons so she would have to weigh the pros and cons. She does not drink, never goes to bars, (no experience with drunken patrons) and has tremors in her hands. However, I am going to suggest it.



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