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Manitoba's unemployment-to-job-vacancies ratio climbs

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There were fewer unfilled jobs and more unemployed workers in Manitoba in the final three months of 2013, according to new Statistics Canada figures released today.

The agency said Manitoba businesses an average of 8,900 vacant positions in the quarter, which was down from 9,200 in the final three months of 2012.

At the same time, the average number of unemployed workers grew to 34,700 from 31,800.

The combination of more unemployed workers and fewer vacant positions boosted the province’s unemployment-to-job-vacancies ratio for the quarter to 3.9 from 3.5. That meant there were 3.9 unemployed workers for every vacant job.

Alberta boasted the lowest ratio, with 2.3 unemployed workers for every vacant job. Saskatchewan was a close second, with a ratio of 2.4, while Prince Edward Island had the highest ratio at 20.2.

Nationally, the ratio climbed to 6.3 from 5.7 after the number of vacant jobs fell to 199,700 from 220,800 a year earlier and there was little change in the number of unemployed workers — 1.25 million versus 1.26 million.

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