Halifax, NS Overview As the capital of Nova Scotia, Halifax is a city that generates a great deal of economic activity ...
Halifax, NS Overview
As the capital of Nova Scotia, Halifax is a city that generates a great deal of economic activity in this area of Canada. With around 400,000 residents, Halifax has an increasing number of manufacturing industries helping the city's economy grow. The recent real estate boom has also been a big help to the local economy.
Although Halifax offers the cultural opportunities and excitement of the big city, it also feels like a small town. Halifax has 150 farms, which shows how diverse the area is. Halifax also has a very low cost of living while providing a high quality way of life. The average rent for a two-bedroom apartment is C$799 per month.
Halifax, NS Job Opportunities
Jobs in Halifax, NS are plentiful. The Department of National Defence is the biggest employer in Halifax. Some other big employers include the Halifax Shipyard and the Port of Halifax. The trade industry provides over 36,000 jobs, with the health care sector bringing in almost 32,000 jobs. Marketing jobs are also available.
The Musquodoboit Valley is the central location in Halifax for agricultural jobs. The government provides a variety of jobs in Halifax, NS with public administration jobs numbering over 15,500. Professional service positions and educational jobs are among the highest areas of employment, too. Mining and natural gas extraction are thriving industries.
Halifax, NS Employment Trends
The unemployment rate in Halifax is around 7.1 per cent, an increase from 6 per cent a year ago. While this is a small setback, the economy is poised to grow. Halifax and the surrounding areas in Nova Scotia are leading the economic growth in eastern Canada. In fact, according to the Conference Board of Canada, the economy of the area is on track to grow by around three per cent within the next year, which will directly impact the job growth as well.