Nova Scotia Employment Trends

The unemployment rate in Nova Scotia was 6.2% as of December 2024, unchanged from the previous month. The unemployment rate stood 7.4% below the peak in June 2020 and is below the long-run average.

There were 1,500 more full-time jobs in December 2024 compared to a month earlier. A gain of 500 part-time positions led to an increase of 2,000 total jobs in December.

Full-time employment was still down 500 jobs from the peak in September 2024 but stood 1,500 jobs above the trough in November 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 December 2024, unchanged from the previous month. The unemployment rate stood 7.4% below the peak in June 2020 and is below the long-run average.

There were 700 fewer full-time jobs in December 2024 compared to a month earlier. A gain of 300 part-time positions led to a decrease of 400 total jobs in December.

Full-time employment was still down 4,900 jobs from the peak in September 2024.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.

The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Nova Scotia Employment Trends. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor the Nova Scotia Employment Trends assumes any responsibility or liability. Copyright ©2025. The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.

Nova Scotia Association of REALTORS®