Economic Performance
Nova Scotia’s ranking fell from 4th to 8th in 2000 and ranks 2nd in Atlantic Canada. Economic
Performance refers to the strength and growth of the economy. Clearly,
unemployment rates remain high within Nova Scotia compared with other
provinces. The above-average performance in this measure is driven by the
province’s growth rate.
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INDICATORS |
1999r |
2000 |
|
| Output |
Personal Income Growth |
2 |
7 |
|
GDP Growth Rate |
5 |
8 |
|
Personal Income Per Capita |
6 |
6 |
|
GDP Per Capita |
8 |
8 |
|
| Employment Base |
Employment Growth |
5 |
3 |
|
Unemployment Rate |
7 |
7 |
|
| Earnings and Job Quality |
Average Annual Pay Growth |
1 |
9 |
|
Average Annual Pay |
6 |
6 |
|
| Equity Rural |
Income vs Urban Income |
6* |
6* |
|
Low Income |
6 |
6 |
|
Income Distribution |
6 |
6 |
|
% Income Distribution Change |
6 |
4 |
|
| Overall Ranking |
Economic Performance |
4 |
8 |
r = ranking has been revised to include new indicators and revisions by Statistics Canada
* not included in calculating the overall ranking; comparable data not available |
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