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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 09, 2024
LABOUR FORCE SURVEY, JANUARY 2024

                                                                           

MONTH OVER MONTH (January 2024 vs December 2023, seasonally adjusted)

In Nova Scotia,

• Labour force increased 10,300 (+1.9%) to 549,900
• Employment increased 3,700 (+0.7%) to 511,600
• Unemployment increased 6,600 (+20.8%) to 38,300
• Unemployment rate increased 1.1 percentage points to 7.0%

In Canada, 

• Labour force increased 18,200 (+0.1%) to 21,586,900
• Employment increased 37,300 (+0.2%) to 20,362,200
• Unemployment decreased 19,200 (-1.5%) to 1,224,600
• Unemployment rate decreased 0.1 percentage points to 5.7%

In Halifax,  (3-month moving average) 

• Labour force increased 3,400 (+1.2%) to 287,100
• Employment increased 2,800 (+1.0%) to 272,200
• Unemployment increased 600 (+4.2) to 14,900
• Unemployment rate increased 0.2 percentage points to 5.2%

 

YEAR OVER YEAR (January 2024 vs January 2023)

In Nova Scotia,

• Labour force increased 22,800 (+4.3%)
• Employment increased 12,900 (+2.6%)
• Unemployment increased 9,900 (+34.9%)
• Unemployment rate increased 1.6 percentage points

In Canada, 

• Labour force increased 514,700 (+2.4%)
• Employment increased 345,200 (+1.7%)
• Unemployment increased 169,300 (+16.0%)
• Unemployment rate increased 0.7 percentage points

In Halifax,  (3-month moving average) 

• Labour force increased 13,900 (+5.1%)
• Employment increased 11,600 (+4.5%)
• Unemployment increased 2,300 (+18.3%)
• 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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