Newfoundland Employment Trends
The unemployment rate in Newfoundland and Labrador was 10.5% as of October 2025, down 0.1% from the previous month. The unemployment rate stood 7.1% below the peak from July 2020 and is below the long-run average.
There were 300 more full-time jobs in October 2025 compared to a month earlier. Combined with a loss of 600 part-time positions, this led to a decrease of 300 total jobs in October.
Full-time employment was still down 4,900 jobs from the peak in December 2012 but stood 36,600 jobs above the trough in June 2020.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
St. John's Employment Trends
The unemployment rate in St. John's, Newfoundland and Labrador was 7.4% as of October 2025, up 0.5% from the previous month. The unemployment rate stood 6.1% below the peak from July 2020 and is on par with the long-run average.
There were 1,100 more full-time jobs in October 2025 compared to a month earlier. Combined with a loss of 1,000 part-time positions, this led to an increase of 100 total jobs in October.
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.
