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01/16/2014

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Gary Will

LEDC did get its numbers from Statistics Canada. There are dozens of CANSIM tables related to employment statistics, so you have to look for the one that's applicable. In this case, they're citing annual data by CMA, so that would be CANSIM 282-0110. The figure for 2013 is 244.9 ... exactly where it was in 2010 -- although there were 1,600 more full-time jobs in 2013 than 2010.

But the participation rate has dropped, which is one of the reasons the London CMA employment rate is currently at its lowest level in over a decade.

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Mike Moffatt is an Assistant Professor in the Business, Economics and Public Policy group at Ivey. An economist by training, Mike's interests relate to the intersection of societal issues, public policy, economic growth, monetary policy and firm level strategy.
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