Atlantic Labour Market Brief: May 2022

Canada

• Employment rose during the month by 39,800 jobs, making it the fourth consecutive monthly gain.
• Full-time jobs increased alongside fewer part-time.
• The unemployment rate fell in the month to 5.1%, reaching its lowest point since the survey began in 1976.
• The goods-producing sector lost jobs in May (-41,200), while the services-producing sector saw growth of 80,900 jobs.

Labour Force: 20,698,100 (+11,800) Employment: 19,640,300 (+39,800)

Atlantic Canada

• The Atlantic Region experienced a reduction in employment in the month, shedding 800 jobs.
• Full-time jobs increased alongside fewer part-time.
• The unemployment rate moved higher in the month to 7.6%, resting just above the 12-month low of 7.4%.
• The goods-producing sector lost jobs in May (-5,100), while the services-producing sector saw growth of 4,000 jobs.

Labour Force: 1,260,400 (+700) Employment: 1,165,200 (-800)

Nova Scotia

• Labour Force: 513,800
• Employment: 479,400
• Unemployment Rate: 6.7%
• Labour Force Change: +1,700
• Employment Change: -2,100
• Unemployment Rate Change: +0.7

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