March 14, 2024
Canada
- More people were working in February, with the addition of 40,700 jobs, making it the seventh consecutive monthly gain.
- Full-time jobs increased alongside fewer part-time.
- The unemployment rate increased slightly in February to 5.8%, reaching its highest point since January 2022.
- The goods-producing sector lost jobs in February (-6,300), while the services-producing sector saw growth of 46,900 jobs.
Labour force: 21,663,300 (+76,400)
Employment: 20,402,900 (+40,700)
Atlantic Canada
- Employment grew at a strong pace in February, up from the prior month by 5,000 jobs, making it the sixth consecutive monthly gain.
- Full-time jobs increased alongside fewer part-time.
- The unemployment rate fell in the month to 7.2%, influenced by the solid job gains.
- The goods-producing sector added jobs (+300), while the services-producing sector saw growth of 4,600 jobs.
Labour Force: 1,343,400 (+700)
Employment: 1,246,200 (+5,000)
Nova Scotia
- Labour Force: 551,100
- Employment: 517,900
- Unemployment Rate: 6.0%
- Labour Force Change: +1,200
- Employment Change: +6,300
- Unemployment Rate Change: -1.0