New Brunswick Employment Trends
The unemployment rate in New Brunswick was 6.7% as of May 2025, down 0.4% from the previous month. The unemployment rate stood 6.5% below the peak from June 2020 and is below the long-run average.
There were 200 more full-time jobs in May 2025 compared to a month earlier. Combined with a gain of 2,000 part-time positions, this led to an increase of 2,200 total jobs in May.
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 May 2025, up 0.1% 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 500 fewer full-time jobs in May 2025 compared to a month earlier. Combined with a gain of 600 part-time positions, this led to an increase of 100 total jobs in May.
Full-time employment was still down 500 jobs from the peak in April 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Moncton Employment Trends
The unemployment rate in Moncton was 5.6% as of May 2025, up 0.3% from the previous month. The unemployment rate stood 4.9% below the peak from June 2020 and is below the long-run average.
There were 900 fewer full-time jobs in May 2025 compared to a month earlier. Combined with a gain of 1,300 part-time positions, this led to an increase of 400 total jobs in May.
Full-time employment was still down 1,900 jobs from the peak in March 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 7.5% as of May 2025, down 0.5% 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 700 more full-time jobs in May 2025 compared to a month earlier. Combined with a gain of 500 part-time positions, this led to an increase of 1,200 total jobs in May.
Full-time employment was still down 4,200 jobs from the peak in April 2024 but stood 2,000 jobs above the trough in January 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
