Newfoundland and Labrador Association of REALTORS®

Newfoundland Employment Trends

 

The unemployment rate in Newfoundland and Labrador was 10.1% as of April 2025, down 0.3% from the previous month. The unemployment rate stood 7.5% below the peak from July 2020 and is below the long-run average.

There were 800 more full-time jobs in April 2025 compared to a month earlier. Combined with a gain of 800 part-time positions, this led to an increase of 1,600 total jobs in April.

Full-time employment was still down 3,200 jobs from the peak in December 2012 but stood 38,300 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 7.1% as of April 2025, down 0.1% from the previous month. The unemployment rate stood 6.4% below the peak from July 2020 and is below the long-run average.

There were 100 more full-time jobs in April 2025 compared to a month earlier. Combined with a gain of 1,100 part-time positions, this led to an increase of 1,200 total jobs in April.

Full-time employment was still down 800 jobs from the peak in February 2025 but stood 100 jobs above the trough in March 2025.

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


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