Atlantic Labour Market Brief: February 2025

Canada

• More people were working in February, with the addition of 1,100 jobs, making it the seventh consecutive monthly gain.
• Part-time jobs increased while full-time jobs declined.
• The rate of unemployment saw no change from last month, remaining at 6.6%.
• The goods-producing sector lost jobs in February (-19,500), while the services-producing sector saw growth of 20,600 jobs.

Labour force: 22,467,200 (-16,800) Employment: 20,994,500 (+1,100)

Atlantic Canada

• Employment fell sharply in February, down from the previous month by 6,700 jobs.
• Full-time jobs increased alongside fewer part-time.
• The rate of unemployment rose sharply, going from 7.1% to 7.8%, reaching its highest point since August 2022.
• The goods-producing sector lost jobs in February (-2,700), while the service sector saw job reductions of 4,000.

Labour Force: 1,366,800 (+2,700) Employment: 1,260,800 (-6,700)

Nova Scotia

• Labour Force: 560,000
• Employment: 522,900
• Unemployment Rate: 6.6%
• Labour Force Change: -400
• Employment Change: -4,300
• Unemployment Rate Change: +0.7

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