March brought some bad news for job seekers according to Statistics Canada ...The unemployment rate for London-St.Thomas rose to 9.6% which is the highest of any medium/large sized city in Canada.  Peterborough faces a jobless rate of 10.2% but have a similar population.  According to stats, the jobless rate in the labour force rose by 2,600 and approximately 1,700 more people claimed unemployment.  Despite the rise in the unemployment rate which was 9.1% in February the area actually saw an increase in employment by 1.2% over March of 2012.

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Harold Kewley

Harold Kewley

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CENTURY 21 Network Realty Ltd., Brokerage*
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