Atlantic Labour Market Brief: Februrary 2023

Canada

• More people were working in February, with the addition of 21,800 jobs, making it the sixth consecutive monthly gain.
• Full time jobs increased alongside fewer part time.
• The rate of unemployment saw no change from last month, remaining at 5.0%.
• The goods producing sector added jobs (+17,500), while the services producing sector saw growth of 4,200 jobs.

Labour Force: 21,120,500 (+42,200) Employment: 20,054,100 (+21,800)

Atlantic Canada

• Employment grew at a strong pace in February, up from the prior month by 5,900 jobs, making it the seventh consecutive monthly gain.
• The growth occurred in both full time and part time positions.
• The unemployment rate fell in the month to 6.9%, reaching its lowest point since the survey began in 1976.
• The goods producing sector added jobs (+4,100), while the services producing sector saw growth of 1,700 jobs.

Labour Force: 1,293,600 (-600) Employment: 1,204,400 (+5,900)

Nova Scotia

• Labour Force: 527,100
• Employment: 496,900
• Unemployment Rate: 5.7%
• Labour Force Change: -1,000
• Employment Change: -4,700
• Unemployment Rate Change: -0.7

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