London's Unemployment Rate Drops to 8.7%
London's unemployment rate has dropped for a fourth straight month.
Stats Canada says the city's jobless rate fell to 8.7% in January compared to 8.8% in December. Back in September, London's unemployment rate was at 11.2% -- the highest it had been in 15 years and second only to Windsor for highest unemployment rate in the country.
Several months later, a jobless rate of 8.7% is one of the lowest in Ontario.
Ottawa, Kingston and Thunder Bay are the only major cities in the province with a lower unemployment rate than London in January. Windsor, Sudbury, Toronto, St.Catherines-Niagara, Oshawa, Kitchener and Hamilton all have higher unemployment rates.
London's unemployment rate is also below the provincial average which held steady in January at 9.2%. 
Across Canada, the January jobless rate dipped one-tenth of a percentage point.
Unemployment last month was down slightly to 8.3% from December's 8.4%
There were 43-thousand new part-time jobs for Canadians, mainly among adult women and young people. It was the first time youth jobs rose since the economic downturn began in late 2008.