Nova Scotia Employment Trends
The unemployment rate in Nova Scotia was 6.4% as of June 2024, up 0.2% 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 300 fewer full-time jobs in June 2024 compared to a month earlier. A loss of 900 part-time positions led to a decrease of 1,200 total jobs in June.
Full-time employment was still down 300 jobs from the peak in May 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 5.8% as of June 2024, up 0.3% from the previous month. The unemployment rate stood 6.7% below the peak from June 2020 and is below the long-run average.
There were 1,300 more full-time jobs in June 2024 compared to a month earlier. A loss of 1,000 part-time positions led to an increase of 300 total jobs in June.
Full-time employment has recovered since reaching a bottom in May 2023 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
