Highlights from ‘Labour Market Trends, November 2024’ and ‘Labour Force Survey, November 2024’

The following statistics were released from the Economics and Statistics Division on December 6, 2024.

For full details from ‘Labour Market Trends, November 2024,’ please click here.

For full details from ‘Labour Force Survey, November 2024,’ please click here.

Labour Market Trends, November 2024

Ages 15+ (November 2024 vs October 2024, seasonally adjusted)

  • Nova Scotia’s seasonally adjusted employment rose by 600 (+0.1%) to 514,600 in November following a decline of 2,100 (-0.4%) in the previous month
  • Nova Scotia’s labour force rose by 100 (+0.02%) to 548,300 in November 2024
  • With employment rising faster than labour force, Nova Scotia’s unemployment rate edged down 0.1 percentage point to 6.1% in November 2024

Class of Worker and Industry (November 2024 vs October 2024, seasonally adjusted)

  • The November 2024 employment change was due to increases among public sector and self-employed workers
  • Private sector employment declined by 500 (-0.2%) in November
  • Classified by industry, the largest employment gains from October to November were in construction, accommodation/food services and professional/technical services

Class of Worker and Industry (November 2024 vs November 2023, seasonally adjusted)

  • Compared to November 2023, there were employment gains for public sector workers with declines for private sector workers and self-employed
  • Over the last 12 months, employment was up the most for education, construction, health/social assistance, public administration and accommodation/food services

Labour Force Survey, November 2024

Month over Month (November 2024 vs October 2024, seasonally adjusted)

In Nova Scotia,

  • Labour force increased 100 (+0.0%) to 548,300
  • Employment increased 600 (+0.1%) to 514,600
  • Unemployment decreased 600 (-1.8%) to 33,600
  • Unemployment Rate decreased 0.1 percentage points to 6.1%

Year over Year (November 2024 vs November 2023)

In Nova Scotia,

  • Labour force increased 9,100 (+1.7%)
  • Employment increased 11,200 (+2.2%)
  • Unemployment decreased 2,200 (-6.1%)
  • Unemployment Rate decreased 0.5 percentage points