New Brunswick Employment Trends
The unemployment rate in New Brunswick was 6.9% as of March 2025, down 0.3% from the previous month. The unemployment rate stood 6.3% below the peak from June 2020 and is below the long-run average.
There were 3,300 more full-time jobs in March 2025 compared to a month earlier. A loss of 2,800 part-time positions led to an increase of 500 total jobs in March.
Full-time employment has recovered since reaching a bottom in September 2024 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Fredericton Employment Trends
The unemployment rate in Fredericton was 6% as of March 2025, down 1.2% from the previous month. The unemployment rate stood 4.6% below the peak from June 2020 and is below the long-run average.
There were 800 more full-time jobs in March 2025 compared to a month earlier. A loss of 600 part-time positions led to an increase of 200 total jobs in March.
Full-time employment has recovered since reaching a bottom in July 2024 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Moncton Employment Trends
The unemployment rate in Moncton was 5.1% as of March 2025, unchanged from the previous month. The unemployment rate stood 5.4% below the peak in June 2020 and is below the long-run average.
There were 1,100 more full-time jobs in March 2025 compared to a month earlier. A loss of 1,400 part-time positions led to a decrease of 300 total jobs in March.
Full-time employment has recovered since reaching a bottom in December 2024 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Saint John, New Brunswick Employment Trends
The unemployment rate in Saint John, New Brunswick was 7.5% as of March 2025, up 0.3% from the previous month. The unemployment rate stood 4.4% below the peak from June 2020 and is on par with the long-run average.
There were 100 more full-time jobs in March 2025 compared to a month earlier. An unchanged number of part-time positions led to an increase of 100 total jobs in March.
Full-time employment was still down 5,600 jobs from the peak in April 2024 but stood 700 jobs above the trough in January 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
