Atlantic Labour Market Brief: July 2023

Canada

• The number of people employed declined in July by 6,400 jobs.
• Full-time jobs increased alongside fewer part-time.
• The unemployment rate increased slightly in July to 5.5%, reaching its highest point since January 2022.
• The goods-producing sector lost jobs in July (-27,500), while the services-producing sector saw growth of 21,200 jobs.

Labour Force: 21,333,200 (+13,300) Employment: 20,166,400 (-6,400)

Atlantic Canada

• Employment grew at a strong pace in July, up from the prior month by 6,000 jobs.
• Full-time jobs increased alongside fewer part-time.
• The unemployment rate moved higher in the month to 7.5%.
• The goods-producing sector lost jobs in July (-200), while the services-producing sector saw growth of 6,200 jobs.

Labour Force: 1,305,500 (+13,000) Employment: 1,207,700 (+6,000)

Nova Scotia

• Labour Force: 536,800
• Employment: 495,200
• Unemployment Rate: 7.7%
• Labour Force Change: +7,000
• Employment Change: -500
• Unemployment Rate Change: +1.3

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