Manitoba unemployment rate bucks national trend
Published Friday, January 10, 2014 12:18PM CST
Last Updated Friday, January 10, 2014 12:26PM CST
Manitoba's unemployment rate bucked the national trend in December. The province’s jobless rate fell a tenth of a point to 5.5 per cent last month.
Winnipeg also saw a small decline to 5.8 per cent.
Nationally, 46,000 jobs were lost in December. That pushed the unemployment rate up three-tenths of a point, to 7.2 per cent.
The total job gain in 2013 was the slowest since 2009.
BMO Capital Markets chief economist Doug Porter said the dismal jobs data will add pressure to the loonie and stoke chatter about the possibility of an interest rate cut by the Bank of Canada.
- With files from The Canadian Press