(Photo courtesy ©Can Stock Photo Inc. / Tund)(Photo courtesy ©Can Stock Photo Inc. / Tund)
London

Local Unemployment Rate Holds Steady

The unemployment rate for London-St. Thomas was unchanged in August.

Statistics Canada says the jobless rate held steady at 7.2% last month, despite the loss of 200 area jobs.

The unemployment rate has sat at 7.2% the past two months since falling from 7.3% in June.

Nationally, 26,200 net new jobs were created in August, however the unemployment rate inched up a notch to 7% from July's 6.9%.

The jobless rate also rose provincially with Ontario jumping to 6.7% in August, compared to 6.4% in July.

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