Nova Scotia Employment Trends
The unemployment rate in Nova Scotia was 6.4% as of March 2024, up 0.1% from the previous month. The unemployment rate stood 7.2% below the peak from June 2020 and is below the long-run average.
There were 2,800 more full-time jobs in March 2024 compared to a month earlier. An unchanged number of part-time positions led to an increase of 2,800 total jobs in March.
Full-time employment has recovered since reaching a bottom in January 2024 and now stands at a record high.
* 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 5.2% as of March 2024, up 0.2% from the previous month. The unemployment rate stood 7.3% below the peak from June 2020 and is below the long-run average.
There were 2,500 more full-time jobs in March 2024 compared to a month earlier. An unchanged number of part-time positions led to an increase of 2,500 total jobs in March.
Full-time employment has recovered since reaching a bottom in March 2023 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
