Newfoundland Employment Trends
The unemployment rate in Newfoundland and Labrador was 9.7% as of May 2026, up 0.1% from the previous month. The unemployment rate stood 7.9% below the peak from July 2020 and is below the long-run average.
There were 1,500 fewer full-time jobs in May 2026 compared to a month earlier. Combined with a loss of 500 part-time positions, this led to a decrease of 2,000 total jobs in May.
Full-time employment was down 1,900 jobs from the peak in December 2012 but stood 39,600 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% as of May 2026, up 0.3% from the previous month. The unemployment rate stood 6.5% below the peak from July 2020 and is below the long-run average.
There were 300 fewer full-time jobs in May 2026 compared to a month earlier. Combined with a loss of 800 part-time positions, this led to a decrease of 1,100 total jobs in May.
Full-time employment was down 300 jobs from the peak in April 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
