Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 17, 1973, Winnipeg, Manitoba 12 Winnipeg free press tuesday july 17, 1973 Audrey y. Morris comment on Manitoba labor Force a Maud Lor act tar information on unemployment and the labor Force of prov inces must be getting More intense. In the last few months statistics Canada has made available data on the labor Force Survey in provinces in much More detail than we have Ever had before. The latest contribution is the seasonally adjusted series for Basic provincial indicators of employment unemployment and participation rates. Although there has been a Good Deal of confusion about seasonal adjustments in the National figures with arguments about the real figures As opposed to the seasonally adjusted data the tech Nique is a useful convenience not a Gim Mick of the mathematical mandarins to obscure the unemployment data. Employment unemployment and participation rates undergo wild and Downs throughout the year As industries and workers adapt uie selves to the weather and to such other seasonal influences As the school year. To properly Analyse underlying trends one must go through contortions of year to year comparisons to determine what is Normal seasonal change from what might be a More fundamental shift in economic conditions. The seasonally adjusted data do that for us and do it with a great Deal More accuracy. Further we can now be free of the nonsense of monthly reports and head lines in the sprung season announcing unemployment dropping and in the fall and Winter announcing unemployment the seasonally adjusted unemployment rate for Manitoba in May was 4.1 per cent of the labor Force while the actual rate was 3.6. In other words while the actual unemployment rate was dropping it was not coming Down As much As nor Mal for the season. This should have been bad news for the government Al though election Campaign announce inputs did not so indicate. The Premier and the minister of labor made much of Manitoba having the Sec Ond in vast unemployment Rale in Canada. It they had used the adjusted figure in would have shown us with the fourth lowest rate in Canada not a particularly outstanding achievement. Ontario. Saskatchewan and Alberta had lower rates. Further our seasonally adjusted unemployment rate was rising in May. While most other provinces were show ing decreases. One can anticipate from this that inc provincial government win prefer to talk about the actual rate. However the actual unemployment rate for May contains Little to cheer about. After four consecutive months of apparent Progress in bringing Down unemployment from last year s Levels the Way data showed an increase. In numbers the unemployed persons in May represented an increase of Over May a year ago and with one exception this was the first year to year increase in the unemployment count in 14 months. So. Whether one looks at seasonal adjusted or actual figures there is Little reason for complacency yet in Mani Toba s achievements towards solving the unemployment problem. The problem is still As it has been for the past several years a matter of a too quickly growing labor Force. The Economy is generating new jobs at a reasonable Pace although the increase in May was not As much As it should have been judging from a decline in seasonally adjusted employment data. Or from a non statistical Point of View the growth in jobs was not enough to take up the new people who Are con stantly coming into the Job markets. Though both males and females Are affected the problem still tends to be concentrated in the women s Side of the labor Market. For every additional Man entering the Market there Are two additional women. Jobs for women in May were up by 15.000 Over last year while jobs for men were up by and yet female unemployment increased More than male unemployment. The reason was yet another record increase in women s participation rate. In May 42.1 per cent of the female population were in the labor Force employed or looking for work. This was More than in any month in any year so far recorded. Comparing this with other provinces Manitoba appears to be having much the worst the problem. Only Alberta had a larger proportion of the women s population actively engaged in the labor Market. The average for Canada is considerably lower than for Manitoba therefore the unemployment insurance provisions cannot be Given All the blame. It seems fairly Clear that the unemployment problem in Manitoba is still with us and with allowances for improvements now and then will be with us until the government and the econ omy come to grips with the new prob lems presented by the consistent and rapid growth in the numbers of women leaving their Homes to look for jobs. Against Trade agreement Vancouver up Industry Trade and com Merce minister Alastair Gilespie says that while he s a Strong advocate of Freer he does t favor the establishment of a North american free Trade area. I m not so sure that a free Trade agreement be t w e e n Canada and the United states would help secondary industries such As clothing Small electronics firms the Small secondary or. Gilespie told the Liberal conference on West Ern objectives that in the past five years the four Western provinces have been ahead of the rest of the country in the develop m e n t of secondary Industry. I think it s essential that we do everything we can to get greater Access for Canadian products not Only in the ., but in Japan and he said he was particularly interested in stepping up Trade Between Western Canada and the Pacific rim countries. The minister was speak ing at a workshop on re source and economic development in the West. Most delegates spoke in favor of increased develop ment of secondary Indus tries in the West backed by Canadian dollars. Unlimited growth seen Coop pm continued from Page feels the markets Are strengthened As Well As his organization. Bothwell Coop spends very Little on advertising or promotion. Most sales Are made through personal con tact. In a year or. Loan has travelled Miles by car and made several trips by plane on rare occasions. "1 Don t like to Fly because i always feel i m flying Uver markets. If i go to Vancouver i like to be Able to Slop at Hegina Moose jaw Calgary Lethbridge on the last Cummer and fall or. Doan drove to Van Couver three times. Bothwell Coop dairies Market area stretches from Vancouver Island to Quebec. Approximately 50 per cent of the sales Are made in Manitoba. Bothwell Coop has a contract with Canada Safe Way Ltd. For one million pounds of cheese annually. A contract with Black Diamond cheese Ltd. Of Belleville. Out. Was recently signed for pounds of cheese annually. Or. Doan has a verbal agreement to Supply the Ca Nadian airlines including air Canada Northwest Orient and Canadian Pacific with cheese. Loblaw Gro Ceteria co. Ltd. Buys cheese weekly from the Coop and All of the packing houses including Canada packers Ltd. And swill Canadian co., also buy cheese from Bothwell Coop. Bothwe Coop dairies is located in new Bothwell 26 Miles South East of Winnipeg. The company manufacturers six types of cheese. They manufacture a mild Cheddar a medium Cheddar which has been aged for six months an old Cheddar which has been aged for one year Monterey Jack cheese Colbey cheese and a spice cheese. Ninety two per cent of the cheese sold is Cheddar. The Dairy also has a whey drying department and claims to be the Only manufacturer in Manitoba which utilizes the liquid whey. This whey is dried then ground to form a powder which is 73 per cent lactose and 12 per cent protein. The dried whey is used for animal feed. Approximately pounds a month is produced. Get a perfect answer George loan general manager of Bothwell Coop. Shows some of Hie organization s products. The Coop s Market area stretches from Vancouver Island to Quebec. To executive Bankers have regional say Fly at the weekend and save. Take any flight on saturday or up to 3 . On sundays. Come Back the same week end or any weekend. Or if you wish you May Fly one Way during the week at the regular one Way fare yet still take advantage of the weekend fare for the other half of your trip. 30 off regular Economy ont Way fare Regina 22 weekend special one Wiy Saskatoon ask your travel agent about weekend special fares Good Between cities in Canada less than 700miles apart All year round. A few Peak travel Days at holidays excepted air Canada explore Canada fares 26 weekend special one Way Thunder Bay i Banks play big game unit chief continued from Page 9 structures of the Bank act remains to be seen. Under a de centralization policy. Unity Bank s officials Promise that ail regional directors will in effect run their own operations. M r. I Lintins says he wants to take the stuffiness out of Canadian banking. Banks Are for he said. A lot of Bankers have got away from his idea. In effect we like to t a k e the philosophy of banking Back to where in was about 30 years ago when the Bank manager knew his customers personally would Telephone to ask if to could be of help and would t stand on cer Emony Over an Asp Che directors even of Unity Bank will have to have a certain income. Ullig joins admits. Under the Bank act they All must own some Bank Stock per but he Hopes his directors will Able to assess the wants and needs of Ordina by people better than some of their More senior confreres. Must have Board in e in b e r s who stay in touch with things As they Are and ride buses Sonu i rough for its own Sake will not be a Unity Bank objective says its. Pres ident. Net profit will be. But or. Higgins believes this will come naturally if the Bank keeps the emphasis on w hat he Calls banking lists with common sense and a feel for people rather than specialists and executives who tend Loma nip late others. A o s i. says or. Liggins is just hard 24 of Hay new chief London ont. It Point ill c n t of 1 Eler x. T. Widdis Ngun. Is president of Iti Hii Ltd. Effective 1 was announced Here Liy .1. Ii. Moore ill the Hoard. Or. Width Ngann. Who has Hern with the company since and a vice president since succeeds n. K. Hardy who becomes of the Hoard. Continued from Page 9 As the Bank has Only operated at the wholesale level in the The institution of full service by the Canadian Bank in califor Nia opens a new financial dimension for american residents. The american system with its Banks and interwoven operations barricaded by state and Feder Al Charters is entirely Dif i e r e n t from the usual operations of a Canadian Bank. Some Banks specialize in wholesale or retail and act As a Trust companies which Canad an Banks Are forbidden to do. Or. Mag Yachun a native of Transcona who started in a Bank there out of High school has had a join the Bank and see the world Ca reer that has Given him a grounding in International As As Canadian Bank ing. Nine moves involving posts at Edmonton Cal Gary Alta. Preeceville and Yorkton s a s k Toronto London england., and his second move Back to win n i p c g last month have brought him through the Bankers school of experience to the Post of top Man in its Prairie like most of the Ovcr-40 Bankers in the country he has no University degree but he says the attitudes a n d academic qualifications of today s recruits arc changing the career traditions of the banking houses. The to regional vice president said his Bank has a n aggressive recruiting program that now holds More Appeal for University grads. It has also opened new Opportunity for women to climb the banking lad Der. We re now better Able to handle University graduates who want a Quick Challenge. They look for movement to get a mixture of experience and there is now More Opportunity for them to declare the Geo graphic location they want. Is definitely More Opportunity for female Stalf members to move into senior positions. The change seems to have been brought about by women declaring that they want higher employment. There is More Opportunity for t h e m to identify them selves to us. This has opened tie Way for them to move into inc same promotion progression As or. Mcgeachan said. A s a former general manager of the Hank s in Torna Lonal division lie is watching the Grain Trade am Winnipeg s Swilch to a commodity Exchange with ill Lerell. Lie said he Exchange deserves to be congratulated for the Deci Sive Way it quickly Pecanic established in the world s Gold Market. Or. Mcgeachan thought buying and Selling of Gold in Canada has had a neg i ble effect on saving habits of canadians lie said canadians have More Faith in dollars Thau europeans and thought it would not be profitable for individuals to get into the practice of turning dollars into Gold. After an absence of seven years he sees a significant change in the Winnipeg Skyline. He said construction in the downtown area and residential construction indicates a Confidence in the future of Winnipeg. Saigon names Oil firms api one Canad an and three United slates companies have been selected by the South vietnamese government to explore for Oil Oft the country s coastline Oil sources reported Here. The informants identified the is. Companies As Mobil. Shell and Esso and the Canadian firm As the Sunningdale group. The sources said the Compa Nies total investment will be More than Slid million. They Are expected to Start looking for Oil in october. With a Philips code a phone 560 in. . Spin a the tint ring with Ettardi f . Moy by a Toft vouch Nieasio this machine Winnipeg Man. Ml2cs u now month write or phone National answering systems a division of National term Wittet i office equipment co. It. 639 Portage Avenue Telephone 716-6611 memo to advertisers any merchant that can t provide dependable facts on the product or services he offers won t be in business Long. You Don t sell that Way so Don t buy advertising in the dark either. We submit our records to the regular scrutiny of the audit Bureau of circulations and our circulation practices to the discipline of their regulations. They report the facts and figures that Tell you the exact circulation commodity we offer for the distribution of your sales messages. So Don t buy in the when you can be Abc sure with the Winnipeg free press 300 Carlton Street As a member of the audit Bureau of circulations our circulation records and practices Are subject to fhe scrutiny of regular Field audits and the discipline of Abc determined standards ;