Amherst, NS Jobs Overview Amherst has a somewhat high cost of living compared to Canada's average. Food and energy are ...
Amherst, NS Jobs Overview
Amherst has a somewhat high cost of living compared to Canada's average. Food and energy are particularly expensive products, although the cost of energy has fallen since 2014. Despite its higher cost of living, Nova Scotia's per capita GDP was only C$38,475 in 2010. The province's GDP has grown at a significantly slower rate than the rest of the country.
These two factors can make it difficult for Amherst residents to find secure employment with good pay.
Amherst, NS Job Opportunities
Historically, Amherst and the rest of Nova Scotia has relied on the fishing industry. Unfortunately, the local industry has slumped in recent years. This has forced many people to leave the area, find jobs in forestry or explore opportunities in developing industries.
Some of Amherst's most important businesses operate in the retail sector. While retail jobs rarely pay more than C$11.00 in Nova Scotia, they offer opportunities for people who cannot find jobs in other sectors.
Since Amherst is located on an important part of the Trans-Canada Highway, it has some opportunities for people with skilled trades, such as construction and vehicle maintenance. Most construction labourers in Nova Scotia earn about C$15.50 per hour. Construction managers, however, can expect to make up to C$50.48 an hour. The median income for construction managers in this area is about C$32.00 per hour. Mechanics in Nova Scotia can earn between C$12.00 and C$25.00 per hour.
Amherst, NS Employment Trends
Amherst has a fairly high unemployment rate compared to the rest of the country. Even within Nova Scotia, which had an 8.8 per cent unemployment rate in May 2015, the Amherst area has high unemployment. According to government statistics, Western Nova Scotia had a 9.9 per cent unemployment rate in July 2015. Without more job opportunities, it is unlikely that employment trends will improve for Amherst residents.