Atlantic Labour Market Brief: November 2024
Canada
- Employment grew in the latest month by 50,500 jobs, making it the fourth consecutive monthly gain.
- Full-time jobs increased alongside fewer part-time.
- The unemployment rate moved higher in the month to 6.8%, reaching its highest point since September 2021.
- The goods-producing sector lost jobs in November (-20,800), while the services-producing sector saw growth of 71,500 jobs.
Labour force: 22,163,700 (+137,800) Employment: 20,647,400 (+50,500)
Atlantic Canada
- Employment expanded at a moderate pace in the month, up 0.6% on an annualized basis.
- Part-time jobs increased while full-time jobs declined.
- The unemployment rate moved higher in the month to 7.5%.
- The goods-producing sector added jobs (+1,700), while the service sector saw job reductions of 1,000.
Labour Force: 1,350,700 (+300) Employment: 1,250,000 (+400)
Nova Scotia
- Labour Force: 548,300
- Employment: 514,600
- Unemployment Rate: 6.1%
- Labour Force Change: +100
- Employment Change: +600
- Unemployment Rate Change: -0.1
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