Newfoundland Employment Trends
The unemployment rate in St. John's, Newfoundland and Labrador was 6.8% as of March 2026, down 0.5% from the previous month. The unemployment rate stood 6.7% below the peak from July 2020 and is below the long-run average.
There were 400 more full-time jobs in March 2026 compared to a month earlier. Combined with a gain of 1,200 part-time positions, this led to an increase of 1,600 total jobs in March.
Full-time employment was down 300 jobs from the peak in November 2025 but stood 500 jobs above the trough in January 2026.
* 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 7.3% as of February 2026, down 0.4% from the previous month. The unemployment rate stood 6.2% below the peak from July 2020 and is below the long-run average.
There were unchanged full-time jobs in February 2026 compared to a month earlier. Combined with a gain of 800 part-time positions, this led to an increase of 800 total jobs in February.
Full-time employment was down 900 jobs from the peak in November 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
