Labour Force: Unemployment Rate

unemployment rate: The slight improvement in the provinces jobless rate came in spite of the fact the Manitoba economy had a net loss of jobs in December. Related Items Articles Major misses on employment send Canadian dollar tumbling almost half a cent , according to Winnipeg Free Press. But because 1,600 workers also dropped out of labour force the labour force is defined as the number of workers either employed or actively looking for work that allowed the unemployment rate to dip slightly. Manitobas unemployment rate dipped a tenth of a percentage point to 5.5 per cent in December after 1,600 workers dropped out of the provincial workforce, Statistics Canada said today. The Statistics Canada figures show that while the economy added 700 new full-time positions during the month, it also lost 1,700 part-time ones, for a net loss of 1,000 positions. (www.immigrantscanada.com). As reported in the news.