New Brunswick Real Estate Association

New Brunswick Employment Trends

The unemployment rate in New Brunswick was 6.6% as of February 2024, up 0.2% 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 600 fewer full-time jobs in February 2024 compared to a month earlier. A gain of 1,000 part-time positions led to an increase of 400 total jobs in February.

Full-time employment was still down 800 jobs from the peak in December 2023.

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


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