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For additional information relating to this article, please contact:

Thomas Storring	Director – Economics and Statistics
Tel: 902-424-2410	Email: thomas.storring@novascotia.ca

February 07, 2025
LABOUR FORCE SURVEY, JANUARY 2025

                                                                           

MONTH OVER MONTH (January 2025 vs December 2024, seasonally adjusted)

In Nova Scotia,

• The labour force decreased 2,700 (-0.5%) to 560,400
• Employment decreased 500 (-0.1%) to 527,200
• The number of unemployed persons decreased 2,200 (-6.2%) to 33,200
• The unemployment rate decreased 0.4 percentage points to 5.9%

In Canada, 

• The labour force increased 61,200 (+0.3%) to 22,484,000
• Employment increased 76,000 (+0.4%) to 20,993,400
• The number of unemployed persons decreased 14,900 (-1.0%) to 1,490,600
• The unemployment rate decreased 0.1 percentage points to 6.6%

In Halifax,  (3-month moving average) 

• The labour force increased 400 (+0.1%) to 306,600
• Employment increased 800 (+0.3%) to 291,300
• The number of unemployed persons decreased 300 (-1.9%) to 15,300
• The unemployment rate decreased 0.1 percentage points to 5.0%

YEAR OVER YEAR (January 2025 vs January 2024)

In Nova Scotia,

• The labour force increased 2,100 (+0.4%)
• Employment increased 7,800 (+1.5%)
• The number of unemployed persons decreased 5,700 (-14.7%)
• The unemployment rate decreased 1.1 percentage points

In Canada, 

• The labour force increased 666,800 (+3.1%)
• Employment increased 416,300 (+2.0%)
• The number of unemployed persons increased 250,500 (+20.2%)
• The unemployment rate increased 0.9 percentage points

In Halifax,  (3-month moving average) 

• The labour force increased 4,100 (+1.4%)
• Employment increased 5,100 (+1.8%)
• The number of unemployed persons decreased 1,100 (-6.7%)
• The unemployment rate decreased 0.4 percentage points

Source: Statistics Canada. Table 14-10-0287-01  Labour force characteristics, monthly, seasonally adjusted and trend-cycle, last 5 months; Table 14-10-0380-01  Labour force characteristics, three-month moving average, seasonally adjusted

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