Saint John Real Estate Board

Saint John Employment Trends

The unemployment rate in Saint John, New Brunswick was 5.5% as of April 2023, up 0.2% from the previous month. The unemployment rate stood 6.6% below the peak from June 2020 and is below the long-run average.

There were 400 fewer full-time jobs in April 2023 compared to a month earlier. A loss of 200 part-time positions led to a decrease of 600 total jobs in April.

Full-time employment was still down 3,600 jobs from the peak in May 2017 but stood 6,300 jobs above the trough in May 2020.

The number of full-time jobs in April was up from the previous month in natural resources, utilities, construction, manufacturing, trade services, transportation & warehousing, and business & building services.

Full-time job losses in April occurred in agriculture, the financial sector, professional & scientific services, education, healthcare, information & cultural services, accommodation & food services, and public administration.

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

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