"We're not seeing growth. . . . These are very small changes, and so everything is just in a holding pattern," said an economics professor.

Unemployment in the London area ticked down for the second straight month in August.

Between July and August, the jobless rate in the London region – which also includes St. Thomas, Strathroy and parts of Middlesex and Elgin counties – dropped 0.4 percentage points from 6.5 to 6.1 per cent, according to Statistics Canada.

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The decline comes as other figures for the London area, including the labour force participation rate, the employment rate and employment counts, remained stagnant, showing only minuscule gains. That contrasts with figures from June, when London posted its second-highest non-pandemic jobless rate since 2016

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