Unemployment jumps in London region as effects of third wave become clearer in Ontario
An empty store front is seen in London, Ontario's core as Downtown London sought funding for a consultant on Monday, March 21, 2016. (Daryl Newcombe / CTV London)
LONDON, ONT. -- The effects of the third wave of COVID-19 on the local economy can be seen in the latest jobs report from Statistics Canada as the London region saw a rise in unemployment last month.
In March the unemployment rate was at 7 per cent, despite Ontario heading into a third shutdown and second stay at home order of 2021.
At the time it was noted that the jobs report for March would not reflect the effect the shutdown had on jobs, but now the picture has become clearer with the report for April.
Unemployment in the London region now sits at 8.2 per cent.
The employment rate also climbed in April meaning more people have entered the work force.
Nationally the economy lost roughly 207,000 in April mostly due to renewed public health restrictions and closed businesses.
The national unemployment rate mirrors London’s at 8.1 per cent.
The losses in April nearly cancelled out the 303,000 jobs added in March.
Ontario saw the bulk of the losses with 153,000 jobs lost.