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Labour Force Survey
Last Updated: August 28, 2014

**CORRECTION**  On August 15, 2014 Statistics Canada published a "corrected" July 2014 Labour Force Survey in the Daily and on CANSIM.  The correction was attributed by Statistics Canada to a human error in updating a specific program.(Source

 

 LATEST OBSERVATIONS

(seasonally-adjusted, month-over-month and year-over-year)

In Nova Scotia July 2014 (seasonally-adjusted, month-over-month and year-over-year):
Labour force was virtually unchanged (-200) over June 2014 at 489,200 and decreased 1.6% (-8,200) over July 2013.
Employment decreased 0.9% (-3,900) over June 2014 to 443,100 and decreased 2.2% (-10,100) over July 2013.
Unemployment increased 8.5% (+3,600) over June 2014 to 46,000 and increased 4.1% (+1,800) over July 2013.
Unemployment rate increased by 0.7 percentage points over June 2014 to 9.4%.
 
 
In Canada July 2014 (seasonally-adjusted, month-over-month and year-over-year):
 
Labour force increased 0.1% (+24,700) over June 2014 to 19.2 million and increased 0.7% (+139,300) over July 2013.
Employment increased 0.2% (+41,700)  over June 2014 to 17.9 million and increased 0.9% (+156,800) over July 2013.
Unemployment decreased 1.2% (-17,000)  over June 2014 to 1.4 million and decreased 1.3% (-17,500) over July 2013.
Unemployment rate decreased 0.1 percentage points over June 2014 to 7.0%.
 
 
In Halifax July 2014 (3 month moving average, seasonally adjusted):
 
Labour force decreased 0.5% (-1,200) over June 2014 to 239,500 and decreased 1.4% (-3,500) over July 2013.
Employment decreased 0.7% (-1,700) over June 2014 to 225,800 and decreased by 0.9% (-2,100) over July 2013.
Unemployment increased 3.8%  (+500) over June 2014 to 13,700 and decreased 8.7% (-1,300) over July 2013.
Unemployment rate increased 0.2 percentage points over June 2014 to 5.7%.
 
 
 
(seasonally-adjusted, month-over-month and year-over-year)
Source: CANSIM Table 282-0001
 
TRENDS (CORRECTON ISSUED: AUGUST 15, 2014)
 

Nova Scotia’s seasonally adjusted employment declined by 3,900 to 443,100 in July 2014. This follows a loss of 100 jobs in May.  Employment has been declining since the latter part of 2013, apart from two months of growth in 2014.  

Compared to June, the labour force has decreased by 200 (statistically insignificant) to 489,200 following the trend of mostly declining labour force since the beginning of 2013.

With employment decreasing at a faster pace than the labour supply, the net result was a 0.7 percentage increase in the seasonally adjusted unemployment rate to 9.4 percent in July. With only a slight decline in labour supply, the participation rate remained the same at 62.7 per cent.  There was a drop in employment rate to 56.8 per cent.

 

Source Statistics Canada Labour Force Survey

In July, part-time employment gains of 1,400 were offset by a decline in full-time jobs (5,200). Often these offsetting trends are attributable to the shift to full time work hours, a pattern which has occurred between the two types of employment over the last year.  

Employment has remained below the peak level before the recession since the fall of 2013. 

 
 

Compared with July 2013, the labour force has decreased by 8,200 (-1.6 per cent) while employment had a decline of 10,100 jobs (-2.2 per cent).   With employment declining at faster pace than the labour force, the net result was an increase of 0.5 percentage points in the seasonally adjusted unemployment rate to 9.4 per cent.

Year-to-date

For the first seven months of 2014 compared to the first seven months of 2013, there was a decline of 7,500 jobs in the average employment level. Average full time employment was down 6,700 while there were 800 fewer part time workers.  The labour force decreased by 1.8 per cent or 9,200 for the first seven months of 2014. With labour supply falling at a faster rate than labour demand (employment), the net result was a drop in the average unemployment rate by 0.1 percentage points to 9.0 per cent. The labour force participation rate dropped 1.2 percentage points to 62.9 per cent.  The employment rate fell by 0.9 percentage points to 57.3 per cent.

 

 

Sectors

Comparing the first seven months of 2014 to the same period in 2013, employment in goods-producing sectors had a decrease of 5,500 jobs. There were declines in all  goods producing sectors.  There was a net loss in employment of 2,000 in service-producing sectors. There were declines in the professional, scientific and technical services, transportation and warehousing business/support services and trade (retail and wholesale). These declines were partially offset by gains in finance/insurance, information/culture/recreation, food and accommodation, education and health services. Public administration declined by 500 in the first seven months of 2014 compared to the same period a year ago.

 

 

Source Statistics Canada Labour Force Survey

Regions (three month moving average unadjusted)

Employment increased in only 1 of the province's five economic regions comparing the first seven months of 2014 compared to the first seven months of 2013.   Over the same period, labour force dropped in all 5 regions. Unemployment rates were down in 3 economic regions, with increases in the Valley and the South Shore region. 

The Cape Breton region reported a decrease in employment of 2,200 for the first seven months of 2014 over the same period in 2013. The labour force dropped by 2,700 resulting in a decline of 0.1 percentage points in the unemployment rate to 15.5 per cent.

For the North Shore region, employment decreased 1,200 for the first seven months of 2014. Labour supply fell by 2,000 for the same period.  The larger fall in labour supply caused a 0.7 percentage point decrease in the unemployment rate to 11.0 per cent.

The Annapolis region experienced a drop of 1,200 in both employment and the labour force for the first seven months of 2014.  The net result was a 0.2 percentage point increase in the average unemployment rate to 10.1 per cent.

The Southern region saw employment drop by 2,400 and the labour force to fall by 2,500 for the first seven months of 2014. With the labour supply falling at a slightly faster pace, the end result was an increase in the unemployment rate of 0.4 percentage points to 12.7 per cent.

Halifax (HRM) experienced an increase of 500 in employment with a decline of 400 for labour supply for the first seven months of 2014.  With labour demand increasing at a faster pace than labour supply, the net impact was 0.4 percentage point drop in the unemployment rate to 6.2 per cent.

 

Source Statistics Canada Labour Force Survey

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

 
Employment across the country averaged 0.7 per cent growth from January to July this year compared to the same time period in 2013. Leading the country at 3.5 per cent growth is Alberta, followed by 1.3 per cent in Saskatchewan. In the year to date to July 2014, four provinces showed declines (Newfoundland and Labrador at -2.2 per cent, Nova Scotia at -1.6 per cent, PEI at -0.5 per cent, and Manitoba at -0.6 per cent). Quebec was mostly unchanged. 
 
 

Comparing unemployment rates this month to those a year ago, Nova Scotia showed an increase in the rate to 9.4 per cent in July 2014. Only Nova Scotia, Newfoundland and Labrador and Alberta showed increases in the unemployment rate year-over-year. Quebec and Alberta showed no change in unemployment rates compared to the same month a year ago. 

 

National Comparisons: Cities

The seasonally adjusted unemployment rate for the Halifax Census Metropolitan Area was 5.7 per cent. Regina  (3.3%) had the lowest unemployment rate in Canada again this month.

The seasonally adjusted employment  rate for the Halifax Census Metropolitan Area dipped slightly to 64.4 per cent in July 2014. 

Employment in the Halifax CMA was down 0.7 per cent from June to July this year. The largest gains from month to month in CMAs was in Kelowna, BC (+4.9%) and Peterborough ON (+3.7%). 

 

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.

 

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The Economics and Statistics Division monitors Nova Scotia's macroeconomic environment - tracking the global conditions that influence how our economy performs and the results we see here in the Province. If you want to learn more, you can contact an expert member of our team at the phone number or email address below. These experts can help you find additional data and analysis to learn about Nova Scotia's economy.

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Thomas Storring
Director of Economics/Statistics
Tel: 902-424-2410
Email: storrith@gov.ns.ca


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Mike Milloy
Planning and Development Officer
Tel: 902-424-8800
Email: milloymz@gov.ns.ca