Atlantic Labour Market Brief: October 2024

Canada

• Employment expanded at a moderate pace in the month, up 0.8% on an annualized basis.
• Full-time jobs increased alongside fewer part-time.
• The rate of unemployment saw no change from last month, remaining at 6.5%.
• The goods-producing sector added jobs (+13,500), while the services-producing sector saw growth of 900 jobs.

Labour force: 22,025,900 (+15,400) Employment: 20,596,900 (+14,500)

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: 1,350,400 (+3,500) Employment: 1,249,600 (+600)

Nova Scotia

• Labour Force: 548,200
• Employment: 514,000
• Unemployment Rate: 6.2%
• Labour Force Change: -3,000
• Employment Change: -2,100
• Unemployment Rate Change: -0.1

Download the Full Report

[button link="https://digitalnovascotia.com/wp-content/uploads/2024/11/LmiBrief-MTEnBref-AT-2024-10-EN-Final.pdf" label="English"]

[button link="https://digitalnovascotia.com/wp-content/uploads/2024/11/LmiBrief-MTEnBref-AT-2024-10-FR-Final.pdf" label="Français"]