Labour Market Survey & Trends – January 2022
Labour force survey results reflect the period from January 9 to 15.
Market Trend Highlights (Month over Month)
- Nova Scotia’s seasonally adjusted employment increased by 2,700 (+0.6%) from December 2021 to January 2022, rising to 472,600. This is the third consecutive month of modest employment gains in Nova Scotia.
- Rising employment was attributable to a significant increase (+10,800) in full-time employment offset by a drop (-8,100) in part-time employment. These changes include variations in hours within the same job.
- Nova Scotia’s labour force participation rate declined 0.5 percentage points to 61.2% in January 2022. The employment rate increased 0.2 percentage points to 56.9% in January 2022.
- Although employment levels and employment rates have returned to pre-COVID benchmarks, the participation rate remains below the level observed in February 2020 (62.6%).
Labour Market Survey (Month over Month)
In Nova Scotia,
- Labour force decreased 0.6% (3,000) to 508,400
- Employment increased 0.6% (2,700) to 472,600
- Unemployment decreased 13.7% (5,700) to 35,800
- Unemployment Rate decreased 1.1 percentage points to 7.0%.
Labour Market Survey (Visible Minorities)
Starting with July 2020, Statistics Canada has added a question to the Labour Force Survey asking respondents about whether they identify with visible minority populations. Labour force characteristics for Indigenous populations are reported separately in the Labour Force Survey.
- Nationally, the unemployment rate of those who identify with a visible minority population (8.0%) was higher than the unemployment rate (6.2%) of those that did not identify as Indigenous or in a visible minority population.
- National participation rates were higher for those who identify with a visible minority population (74.7%) than for those that did not identify as Indigenous or in a visible minority population (73.6%).
- In Atlantic Canada, those who identify with a visible minority population reported an 75.1% participation rate, compared to a 68.9% participation rate for those that do not identify as Indigenous or in a visible minority population.