Less collecting unemployment benefits in...
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Jan 22, 2015  |  Vote 0    0

Less collecting unemployment benefits in London-St. Thomas

Our London

The number of people receiving unemployment benefits in the London-St. Thomas area dropped by more than 12 percent from November 2013 to November 2014.

According to Stats Canada, 730 fewer people claimed benefits in that one-year period. Ninety fewer people received benefits between October 2014 and November.

The overall unemployment in the area in December was 7.6 percent, down two-tenths of a percentage point from the previous month.

Stats Can warns that fewer people claiming benefits doesn’t necessarily mean less unemployment. Some people aren’t eligible for benefits, while others aren’t able to find a job before the term of eligibility runs out.

Year-over-year in Ontario showed a 9.3 percent drop between November 2013 and November 2014.

Nationally, the number dropped by 5.5 percent over the same one-year period.

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(1) Comment

By roy | JANUARY 25, 2015 08:19 PM
730? wow! How many people live in St. Thomas/London? 400K Justin tells us we need more brain power, Ed Holder tells us we need to continue with our manufacturing roots. Times they are changing, academic city is where we are heading.
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