Winnipeg Free Press Newspaper Archives Sep 5 2015, Page 44

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Winnipeg Free Press (Newspaper) - September 5, 2015, Winnipeg, Manitoba C M Y K PAGE B7 SATURDAY, SEPTEMBER 5, 2015 B 7 YOU CAN MAKE A GIFT… visit www. wpgfdn. org to give securely online, make a gift in person at Assiniboine Credit Union branches until 4 p. m. today, or text * GOAL to 45678 to make a $ 5 gift. * For details on the mobile giving option visit wpgfdn. org/ nourishingpotential ONLY TWO DAYS LEFT TO JOIN JONATHAN TOEWS AND HELP NOURISH THE POTENTIAL OF WINNIPEG KIDS! Jonathan Toews Photo by Bill Smith/ NHLI via Getty Images. Chicago Blackhawks name and logo are registered trademarks of the NHL team. All Rights Reserved. NHL, the NHL Shield and the word mark and image of the Stanley Cup are registered trademarks of the National Hockey League. NHL and NHL team marks are the property of the NHL and its teams. © NHL 2015. All Rights Reserved. Used with permission. Nourishing Potential helps local charities provide healthy food and nutrition education to kids in our city. Thanks to the program, thousands of young Winnipeggers are trying new foods, making healthy choices, and building great habits that will last a lifetime. You still have time to join homegrown NHL star Jonathan Toews in building the Nourishing Potential Fund and ensuring a healthier future for Winnipeg kids. Make a gift before Monday, September 7 at 11: 59 p. m. and you could be recognized with two tickets to see Jonathan and the Chicago Blackhawks take on the Winnipeg Jets at MTS Centre this upcoming NHL season! 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SUPPORTED BY Providing Therapeutic Horseback Riding To Disabled Children Since 1977 EST. 1977 M a n i t o b a R i d i n g F o r T h e D i s a b l e d A s s o c i a t i o n I n c . Please Donate • 204.925.5905 www. mrda. cc Any Child. Any Need. Every Day. Call ( 204) 982- 1050 O R V I S I T varietymanitoba. com DONATE T O D A Y O TTAWA — Signs Canada’s economy is beginning to pick up following a sluggish start to the year grew brighter Friday as Statistics Canada said the country added 12,000 jobs in August. With more people entering the labour force and looking for work, the unemployment rate ticked up to seven per cent from 6.8 per cent, where it had held steady for six months. Nonetheless, the numbers were considered positive given economists had expected the economy to lose 4,500 jobs in August and for the unemployment rate to remain at 6.8 per cent, according to Thomson Reuters. There was a slight uptick in Manitoba’s unemployment rate last month, even though 2,700 more workers found jobs. StatsCan said the province’s jobless rate rose to 5.7 per cent from 5.6 per cent in July because of an influx of 3,600 new workers into the provincial labour force. With the economy generating only 2,700 new jobs during the month, that left 900 of them unemployed, causing the slight bump in the rate. But even with the increase, Manitoba still had the second- lowest jobless rate in the country after Saskatchewan’s 4.7 per cent. The results follow stronger- thanexpected trade data this week and a report that found while Canada’s economy contracted in the second quarter, there was solid growth in June that exceeded expectations. “ We saw many economic releases out of Canada this week, and I would say generally they came in on the positive side of the ledger,” Bank of Montreal chief economist Doug Porter said. “ If you add them up, it does suggest that the economy saw some decent growth in the third quarter after that struggle through the first half of the year.” Porter noted the increase in the unemployment rate is a bit of a mixed signal. “ Generally, it is encouraging to have more people coming into the labour force, thinking that conditions have improved,” he said. “ A year ago we were at seven per cent, today we are at seven per cent. So effectively the economy has managed to produce just enough jobs to satisfy the growth in population over the past year.” The overall increase in the number of jobs in August came as the number of full- time jobs grew by 54,400, offset in part by a drop of 42,400 part- time jobs. Public administration employment increased by 14,000 in August, while educational services gained 11,100 jobs. However, TD Bank economist Leslie Preston noted more cyclical industries such as construction and manufacturing shed jobs for the month. Construction lost 3,600 jobs, while manufacturing fell by 3,200 jobs. “ While it is good news that hiring in sectors like public administration and educational services are offsetting these losses for the time being, these gains are unlikely to be sustained, and we do expect hiring overall in Canada’s economy to slow through the remainder of 2015,” she said. The Bank of Canada has cut its key interest rate twice this year in an effort to provide a cushion for the economy, which has been hit hard by the slump in oil prices that began last year. Preston said the central bank is expected to sit tight with its overnight rate target set at 0.5 per cent as the economy is expected to return to growth in the third quarter. The bank announces its benchmark rate on Wednesday. The job report Friday said Saskatchewan led the way in August as it added 4,000 jobs, while Newfoundland and Labrador added 3,100. New Brunswick increased by 2,400 and there was little change in the other provinces, Statistics Canada said. Overall, public- sector employment gained 27,200 for the month, while the private sector gained 6,300 jobs. The number of self- employed workers dropped by 21,600. Statistics Canada also reported Friday the unemployment rate for students aged 15 to 24 over the summer months from May to August was 16.8 per cent, similar to where it was during the same time last year. That compared with an unemployment rate of 10.3 per cent for non- students in the same age category. In a separate report, Statistics Canada reported labour productivity of businesses slipped 0.6 per cent in the second quarter following a 0.5 per cent decrease in the first quarter. The agency said output of businesses decreased at a similar rate to the first quarter, while hours worked continued to increase. — The Canadian Press, with staff files 12,000 positions added in August: StatsCan Jobs numbers new evidence of turnaround By Craig Wong ‘ A year ago we were at seven per cent, today we are at seven per cent. So effectively the economy has managed to produce just enough jobs to satisfy the growth in population over the past year’ U. S. JOBLESS RATE FALLS B10 B_ 07_ Sep- 05- 15_ FP_ 01. indd B7 9/ 4/ 15 5: 44: 24 PM

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