Atlantic Labour Market Brief: July 2024

Canada

• The number of people employed declined in July by 2,800 jobs.
• Full-time jobs increased alongside fewer part-time.
• The rate of unemployment saw no change from last month, remaining at 6.4%.
• The goods-producing sector added jobs (+12,100), while the service sector saw job reductions of 14,800.

Labour force: 21,912,100 (-11,300) Employment: 20,513,600 (-2,800)

Atlantic Canada

• Employment fell sharply in July, down from the previous month by 6,500 jobs.
• Part-time jobs increased while full-time jobs declined.
• The unemployment rate moved higher in the month to 7.7%, reaching its highest point since August 2022.
• The goods-producing sector lost jobs in July (-600), while the service sector saw job reductions of 6,000.

Labour Force: 1,347,600 (-4,500) Employment: 1,243,500 (-6,500)

Nova Scotia

• Labour Force: 546,100
• Employment: 508,100
• Unemployment Rate: 7.0%
• Labour Force Change: -2,900
• Employment Change: -4,800
• Unemployment Rate Change: +0.4

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