Atlantic Labour Market Brief: October 2022

Canada

• Employment rose during the month by 21,100 jobs.
• The growth occurred in both full time and part time positions.
• The unemployment rate fell in the month to 5.2%.
• The goods producing sector lost jobs in September ( 24,800), while the services producing sector saw growth of 45,900 jobs.

Labour Force: 20,619,500 (-20,300) Employment: 19,547,900 (+21,100)

Atlantic Canada

• The Atlantic Region experienced growth in employment in September, amounting to 3,900 jobs.
• Part time jobs increased while full time jobs declined.
• The rate of unemployment fell sharply, going from 8.2% to 7.2%, resting just above the 12 month low of 7.1%.
• The goods producing sector added jobs (+4,600), while the service sector saw job reductions of 800.

Labour Force: 1,254,700 (-9,100) Employment: 1,164,500 (+3,900)

Nova Scotia

• Labour Force: 512,000
• Employment: 480,200
• Unemployment Rate: 6.2%
• Labour Force Change: -2,900
• Employment Change: +4,300
• Unemployment Rate Change: -1.4

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