New Brunswick Employment Trends
The unemployment rate in New Brunswick was 7.1% as of May 2026, unchanged from the previous month. The unemployment rate stood 6.1% below the peak in June 2020 and is below the long-run average.
There were 2,100 fewer full-time jobs in May 2026 compared to a month earlier. Combined with a gain of 1,700 part-time positions, this led to a decrease of 400 total jobs in May.
Full-time employment was down 3,400 jobs from the peak in March 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Fredericton Employment Trends
The unemployment rate in Fredericton was 5.4% as of May 2026, down 0.3% from the previous month. The unemployment rate stood 5.2% below the peak from June 2020 and is below the long-run average.
There were 300 more full-time jobs in May 2026 compared to a month earlier. Combined with a loss of 400 part-time positions, this led to a decrease of 100 total jobs in May.
Full-time employment was down 1,200 jobs from the peak in December 2025 but stood 400 jobs above the trough in March 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Moncton Employment Trends
The unemployment rate in Moncton was 8% as of May 2026, up 0.6% from the previous month. The unemployment rate stood 2.5% below the peak from June 2020 but remains above the long-run average.
There were 400 fewer full-time jobs in May 2026 compared to a month earlier. Combined with a gain of 600 part-time positions, this led to an increase of 200 total jobs in May.
Full-time employment was down 3,500 jobs from the peak in March 2025 but stood 300 jobs above the trough in September 2025.
* 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 5.4% as of May 2026, unchanged from the previous month. The unemployment rate stood 6.5% below the peak in June 2020 and is below the long-run average.
There were 500 fewer full-time jobs in May 2026 compared to a month earlier. Combined with a gain of 1,300 part-time positions, this led to an increase of 800 total jobs in May.
Full-time employment was down 4,500 jobs from the peak in April 2024 but stood 1,300 jobs above the trough in January 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
