Last Updated: December 06, 2013
Note to readers: With the recent revisions to seasonal adjustment, the January 2013 issue of Labour Market Monthly includes updated statistics which will not lend themselves to comparison with previously published issues. Any previous comparisons of data should be reproduced using updated statistics from Statistics Canada.
(seasonally-adjusted, month-over-month and year-over-year)
In Nova Scotia November 2013 (seasonally-adjusted, month-over-month and year-over-year):
Labour force decreased 0.6% (-2,900) over October 2013 to 495,200 and decreased 0.5% (-2,600) over November 2012.
Employment decreased 0.3% (-1,300) over October 2013 to 451,500 and decreased 0.5% (-2,400) over November 2012.
Unemployment decreased 3.5% (-1,600) over October 2013 to 43,700 and decreased 0.5% (-200) over November 2012.
Unemployment rate decreased 0.3 percentage points over October 2013 to 8.8%.
In Canada November 2013 (seasonally-adjusted, month-over-month and year-over-year):
Labour force increased 0.1% (+12,400) over October 2013 to 19.1 million and increased 0.7% (+130,900) over November 2012.
Employment increased 0.1% (+21,600) over October 2013 to 17.8 million and increased 1.0% (+179,100) over November 2012.
Unemployment decreased 0.7% (-9,200) over October 2013 to 1.3 million and decreased 3.5% (-48,300) over November 2012.
Unemployment rate remained unchanged over October 2013 at 6.9%.
In Halifax November 2013 (3 month moving average, unadjusted):
Labour force decreased 0.6% (-1,400) over October 2013 to 244,500 and increased 2.8% (+6,700) over November 2012.
Employment decreased 0.5% (-1,200) over October 2013 to 228,900 and increased by 1.3% (+3,000) over November 2012.
Unemployment decreased 1.3% (-200) over October 2013 to 15,600 and increased 31.1% (+3,700) over November 2012.
Unemployment rate remained unchanged over October 2013 at 6.4%.
(seasonally-adjusted, month-over-month and year-over-year)
Nova Scotia's total employment (seasonally adjusted) declined slightly in November with a loss of 1,300 jobs over October to a level of 451,500. This follows a decrease of 3,300 jobs in October. This is the third consecutive month of monthly declines in the overall employment level. A similar pattern of employment decline was observed in the autumn of 2012.
Source Statistics Canada Labour Force Survey
The decline in employment was from part-time employment. Part-time employment levels had a decrease of 3,100 while there was an increase of 1,700 jobs in the level for full-time workers from October. This switch to more full-time jobs from part-time work is consistent with the province’s pattern of shifting work hours.
Employment level for falls below the peak level observed before the global recession (October 2008: 456,500). Canada has been above that level since the start of 2011.
Compared to October 2013, the labour force has decreased by 2,900 (-0.6 per cent) to 495,200. With employment declining at a slower pace than labour supply, the net result was a 0.3 percentage decrease in the seasonally adjusted unemployment rate to 8.8 percent in November over October. With more workers leaving the labour force compared to October, the participation rate decreased by 0.3 percentage points to 63.4 per cent.
Compared with November 2012, the labour force has decreased by 2,600 (-0.5 per cent) while employment had a decline of 2,400 jobs (-0.5 per cent). With the labour supply (labour force) declining at the same percentage as labour demand (employment), the net result was a no change in seasonally adjusted unemployment rate at 8.8 per cent.
During the first eleven months of 2013, the labour force decreased (1,100), compared with the same period in 2012. Employment had a decline of 1,300 jobs for the same period. With employment declining at a somewhat similar pace to the labour supply, the end result was no change in the average unemployment rate at 9.0 per cent for the first eleven months of 2013 compared to the same period in 2012 ( due to rounding). The labour force participation rate dropped 0.2 percentage points to 64.0 per cent.
A breakdown of employment by industries for the first eleven months of 2013 over the same period of 2012 reveals the dynamics underlying Nova Scotia's labour markets. Employment in goods-producing sectors had a slight increase of 100 jobs. This reflects mostly the combination of a gain in construction employment being partly offset by declines in manufacturing jobs. There was a net loss in employment of 1,500 in service-producing sectors. There were substantial declines in the educational services; finance, insurance and real estate; other services and accommodations and food services. Declining service sector employment was offset by with gains in professional scientific and technical services; business, building and support services (includes call centres), trade (retail and wholesale) and information, culture and recreation.
Source: Source Statistics Canada Labour Force Survey, CANSIM Table 282-0088 (monthly)
Year-to-date (January-November 2013)
Unadjusted data (three month moving averages) for the sub-provincial regions shows employment declines in 3 of 5 economic regions comparing first eleven months of 2013 over the same period in 2012. Over the same period, labour force grew in 2 of 5 regions. Unemployment rates were up in each economic region except for the Cape Breton and South Shore regions.
The Cape Breton region reported a decrease in employment of 300 for the first eleven months of 2013 over the same period in 2012. The labour force dropped by 600 over the same period resulting in a decline of 0.2 percentage points in the unemployment rate to 14.4 per cent.
For the North Shore region, employment decreased 3,300 for the first eleven months of 2013. Labour supply fell by 3,200 for the same period. The larger fall in employment caused a 0.5 percentage point increase in the unemployment rate to 11.2 per cent.
The Annapolis region experienced an increase in employment of 600 for the first eleven months of 2013. Coupled with a larger increase of 900 in the labour supply, the net result was a 0.4 percentage point increase in the average unemployment rate to 9.3 per cent.
The Southern region saw employment drop by 500 and the labour force to fall by 900 for the first eleven months of 2013 over the same period in 2012. With the labour supply falling at a slightly faster pace, the end result was a decrease in the unemployment rate of 0.5 percentage points to 11.4 per cent.
Halifax (HRM) experienced an increase of 1,700 in employment with an increase of 3,000 for labour supply for the first eleven months of 2013. With labour supply increasing at a much faster pace than labour demand, the net impact was an increase of 0.5 percentage points in the unemployment rate to 6.5 per cent.
The chart below shows unemployment rates and employment rates (3 month average) for all provinces and CMAs in Canada.
Source: CANSIM Table 282-0054 and 282-0116
NOTE: Labour force estimates at the sub-provincial level should always be viewed with caution, given they are a three-month moving averages and the error estimates associated with smaller sample sizes are large.
National Comparisons: Provinces
Compared with the first eleven months of 2012, Nova Scotia’s employment growth is below the national pace. The strongest gains have been in Saskatchewan, Alberta, and PEI.
While Canada's unemployment was at 6.9 per cent, Nova Scotia’s unemployment rate fell to 8.9 per cent. The unemployment rate is lowest in Saskatchewan (4.1%).
National Comparisons: Cities
The seasonally adjusted unemployment rate for the Halifax Census Metropolitan Area was 6.5 per cent. Regina (3.9%) has the lowest unemployment rate in Canada.
The seasonally adjusted employment rate for the Halifax Census Metropolitan Area sat at 65.7 per cent in October.
Employment growth in the Halifax CMA was flat from October to November. The largest gains from month to month in CMAs was in Saint John (+2.8%).
Note on Annual Revision of Labour Force Statistics:
Seasonally adjusted estimates from the LFS will be revised using the latest seasonal factors, going back three years (January 2011 onwards). The revised estimates will be available on CANSIM (tables 282-0087 to 282-0094, 282-0100, 282-0116 and 282-0117) on January 31, 2014.
CANSIM Data Sources (available without charge from Statistics Canada):
282-0001 (Basic Characteristics)
282-0054 (Economic Regions),
282-0087 (Seasonally Adjusted),
282-0088 (by Industry)
282-0116 (Census Metropolitan Areas)
About the Labour Market Monthly provides a glossary of definitions, concepts/methods and sources associated with the labour market information covered in the Labour Market Monthly publication.