Prince Edward Island Real Estate Association

Prince Edward Island Employment Trends

The unemployment rate in Prince Edward Island was 8.1% at the end of December 2019, down 0.3% from the previous month to hit the lowest level in over two decades.

Full-time jobs were up from the end of the previous month to a new monthly record.

There were 300 more full-time jobs in December 2019 compared to a month earlier. A gain of 100 part-time positions led to an increase of 400 total jobs in December.

Full-time job gains occurred mainly in construction, trade services. And prof., sci. & tech. services. 

These gains offset losses occurring mainly in natural resources, utilities, manufacturing, and transportation & warehousing.

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