Nova Scotia Employment Trends
The unemployment rate in Nova Scotia was 5.6% as of February 2023, unchanged from the previous month. The unemployment rate stood 8% below the peak in June 2020 and is below the long-run average.
There were 200 more full-time jobs in February 2023 compared to a month earlier. A gain of 1,500 part-time positions led to an increase of 1,700 total jobs in February.
Full-time employment has recovered since bottoming out in September 2022 and now stands at a record high.
The number of full-time jobs in February was up from the previous month in agriculture, natural resources, construction, manufacturing, transportation & warehousing, professional & scientific services, and public administration.
Full-time job losses in February occurred in utilities, trade services, the financial sector, business & building services, education, healthcare, information & cultural services, and accommodation & food services.
* 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 4.7% as of February 2023, up 0.2% from the previous month. The unemployment rate stood 7.8% below the peak from June 2020 and is below the long-run average.
There were 400 more full-time jobs in February 2023 compared to a month earlier. A gain of 500 part-time positions led to an increase of 900 total jobs in February.
Full-time employment has recovered since bottoming out in August 2022 and now stands at a record high.
The number of full-time jobs in February was up from the previous month in natural resources, manufacturing, transportation & warehousing, professional & scientific services, education, and public administration.
Full-time job losses in February occurred in agriculture, utilities, construction, trade services, the financial sector, business & building services, healthcare, information & cultural services, and accommodation & food services.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
