Nova Scotia Employment Trends
The unemployment rate in Nova Scotia was 6.2% as of November 2024, down 0.2% from the previous month. The unemployment rate stood 7.4% below the peak from June 2020 and is below the long-run average.
There were 2,000 fewer full-time jobs in November 2024 compared to a month earlier. A gain of 2,500 part-time positions led to an increase of 500 total jobs in November.
Full-time employment was still down 2,000 jobs from the peak in September 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Halifax-Dartmouth Employment Trends
The unemployment rate in Halifax was 5.1% as of November 2024, down 0.3% from the previous month. The unemployment rate stood 7.4% below the peak from June 2020 and is below the long-run average.
There were 3,500 fewer full-time jobs in November 2024 compared to a month earlier. A gain of 2,900 part-time positions led to a decrease of 600 total jobs in November.
Full-time employment was still down 4,100 jobs from the peak in September 2024.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
