Atlantic Labour Market Brief: August 2024

Canada

• The number of people employed increased in August by 22,100 jobs.
• Part-time jobs increased while full-time jobs declined.
• The rate of unemployment increased this month to 6.6%, its highest since September 2021.
• The goods-producing sector added jobs (+2,700), while the service sector saw growth of 19,500 jobs.

Labour force: 21,994,600 (+82,500) Employment: 20,535,700 (+22,100)

Atlantic Canada

• Employment grew at a strong pace in August, up from the previous month by 5,600 jobs.
• Growth occurred in both part-time and full-time jobs.
• The unemployment rate fell in the month to 7.5%, influenced by job gains.
• The goods-producing sector added jobs in August (+800), while the service sector saw growth of 4,700 jobs.

Labour Force: 1,350,100 (+2,500) Employment: 1,249,100 (+5,600)

Nova Scotia

• Labour Force: 550,000
• Employment: 513,100
• Unemployment Rate: 6.7%
• Labour Force Change: +3,900
• Employment Change: +5,000
• Unemployment Rate Change: -0.3

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