November 12, 2017
London has bounced back from the last recession, with a jobless rate that would be the envy of many cities and its housing and real estate markets riding a hot streak.
But it’s another story for those living on the margins, new figures suggest, painting a picture of a city struggling with poverty issues comparatively worse than the year before the last downturn hit.
It’s taking Londoners nearly twice as long to get off welfare as it did a decade ago, the year before the 2008 recession, and the city’s overall rates even outpace those in larger cities, the numbers indicate.
Last year, nearly 12,000 Londoners received social assistance, the highest rate per 100,000 people of the cities surveyed in the report. London had a higher proportion of people living on welfare than did Toronto, Niagara, Waterloo and Hamilton