New Brunswick Real Estate Association

New Brunswick Employment Trends

 

The unemployment rate in New Brunswick was 7% as of July 2025, up 0.1% from the previous month. The unemployment rate stood 6.2% below the peak from June 2020 and is below the long-run average.

There were 400 fewer full-time jobs in July 2025 compared to a month earlier. Combined with a gain of 2,800 part-time positions, this led to an increase of 2,400 total jobs in July.

Full-time employment was still down 400 jobs from the peak in June 2025.

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


Fredericton Employment Trends

The unemployment rate in Fredericton was 5.9% as of July 2025, down 0.2% from the previous month. The unemployment rate stood 4.7% below the peak from June 2020 and is below the long-run average.

There were 1,300 fewer full-time jobs in July 2025 compared to a month earlier. Combined with a gain of 1,200 part-time positions, this led to a decrease of 100 total jobs in July.

Full-time employment was still down 2,700 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 6.7% as of July 2025, up 0.7% from the previous month. The unemployment rate stood 3.8% below the peak from June 2020 but remains above the long-run average.

There were 300 fewer full-time jobs in July 2025 compared to a month earlier. Combined with a gain of 600 part-time positions, this led to an increase of 300 total jobs in July.

Full-time employment was still down 1,700 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 7.3% as of July 2025, unchanged from the previous month. The unemployment rate stood 4.6% below the peak in June 2020 and is below the long-run average.

There were 100 more full-time jobs in July 2025 compared to a month earlier. Combined with a gain of 1,000 part-time positions, this led to an increase of 1,100 total jobs in July.

Full-time employment was still down 2,700 jobs from the peak in April 2024 but stood 3,500 jobs above the trough in January 2025.

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


Dark Mode