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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

April 05, 2024
LABOUR FORCE SURVEY, MARCH 2024

                                                                           

MONTH OVER MONTH (March 2024 vs February 2024, seasonally adjusted)

In Nova Scotia,

• Labour force decreased 700 (-0.1%) to 550,400
• Employment decreased 1,500 (-0.3%) to 516,400
• Unemployment increased 800 (+2.4%) to 34,000
• Unemployment Rate increased 0.2 percentage points to 6.2%

In Canada, 

• Labour force increased 57,700 (+0.3%) to 21,721,000
• Employment decreased 2,200 (0.0%) to 20,400,700
• Unemployment increased 59,900 (+4.8%) to 1,320,300
• Unemployment Rate increased 0.3 percentage points to 6.1%

In Halifax,  (3-month moving average) 

• Labour force increased 3,400 (+1.2%) to 293,300
• Employment increased 2,500 (+0.9%) to 278,000
• Unemployment increased 900 (+6.3%) to 15,300
• Unemployment Rate increased 0.2 percentage points to 5.2%

 

YEAR OVER YEAR (March 2024 vs March 2023)

In Nova Scotia,

• Labour force increased 24,800 (+4.7%)
• Employment increased 19,800 (+4.0%)
• Unemployment increased 5,000 (+17.2%)
• Unemployment Rate increased 0.7 percentage points

In Canada, 

• Labour force increased 571,300 (+2.7%)
• Employment increased 324,300 (+1.6%)
• Unemployment increased 246,900 (+23.0%)
• Unemployment Rate increased 1.0 percentage points

In Halifax,  (3-month moving average) 

• Labour force increased 17,900 (+6.5%)
• Employment increased 15,200 (+5.8%)
• Unemployment increased 2,700 (+21.4%)
• 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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