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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

November 03, 2023
LABOUR FORCE SURVEY, OCTOBER 2023

                                                                           

MONTH OVER MONTH (October 2023 vs September 2023, seasonally adjusted)

In Nova Scotia,

• Labour force increased 7,300 (+1.4%) to 538,800
• Employment increased 8,200 (+1.7%) to 503,000
• Unemployment decreased 900 (-2.5%) to 35,800
• Unemployment Rate decreased 0.3 percentage points to 6.6%

In Canada, 

• Labour force increased 57,800 (+0.3%) to 21,517,000
• Employment increased 17,500 (+0.1%) to 20,287,600
• Unemployment increased 40,300 (+3.4%) to 1,229,400
• Unemployment Rate increased 0.2 percentage points to 5.7%

In Halifax,  (3-month moving average) 

• Labour force increased 900 (+0.3%) to 281,000
• Employment increased 3,300 (+1.3%) to 263,600
• Unemployment decreased 2,300 (-11.6%) to 17,500
• Unemployment Rate decreased 0.9 percentage points to 6.2%

 

YEAR OVER YEAR (October 2023 vs October 2022)

In Nova Scotia,

• Labour force increased 15,800 (+3.0%)
• Employment increased 16,200 (+3.3%)
• Unemployment decreased 400 (-1.1%)
• Unemployment Rate decreased 0.3 percentage points

In Canada, 

• Labour force increased 644,800 (+3.1%)
• Employment increased 501,200 (+2.5%)
• Unemployment increased 143,600 (+13.2%)
• Unemployment Rate increased 0.5 percentage points

In Halifax,  (3-month moving average) 

• Labour force increased 12,200 (+4.5%)
• Employment increased 9,800 (+3.9%)
• Unemployment increased 2,500 (+16.7%)
• Unemployment Rate increased 0.6 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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