New Brunswick Real Estate Association

New Brunswick Employment Trends

The unemployment rate in New Brunswick was 7.2% as of August 2026, up 0.1% from the previous month. The unemployment rate stood 6% below the peak from June 2020 and is below the long-run average.

There were 1,000 more full-time jobs in August 2026 compared to a month earlier. Combined with a loss of 900 part-time positions, this led to an increase of 100 total jobs in August.

Full-time employment was down 3,500 jobs from the peak in March 2026 but stood 1,000 jobs above the trough in July 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 6% as of August 2026, up 0.2% 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 900 more full-time jobs in August 2026 compared to a month earlier. Combined with a loss of 300 part-time positions, this led to an increase of 600 total jobs in August.

Full-time employment has recovered since reaching a bottom in July 2025 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 7.5% as of August 2026, down 0.3% from the previous month. The unemployment rate stood 3% below the peak from June 2020 but remains above the long-run average.

There were 500 more full-time jobs in August 2026 compared to a month earlier. Combined with a gain of 600 part-time positions, this led to an increase of 1,100 total jobs in August.

Full-time employment was down 3,600 jobs from the peak in March 2025 but stood 500 jobs above the trough in July 2026.

* 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 5.5% as of August 2026, up 0.3% from the previous month. The unemployment rate stood 6.4% below the peak from June 2020 and is below the long-run average.

There were 100 more full-time jobs in August 2026 compared to a month earlier. Combined with a loss of 400 part-time positions, this led to a decrease of 300 total jobs in August.

Full-time employment was down 2,200 jobs from the peak in April 2024 but stood 3,600 jobs above the trough in January 2025.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.


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