Newfoundland and Labrador Association of REALTORS®

Newfoundland Employment Trends

The unemployment rate in Newfoundland and Labrador was 11.9% at the end of February 2020, up 0.2% from the previous month.

Full-time jobs were down from the end of the previous month.

There were 1,000 fewer full-time jobs in February 2020 compared to a month earlier. A gain of 100 part-time positions led to a decrease of 900 total jobs in February.

Full-time job gains occurred mainly in natural resources, transportation & warehousing, the financial sector, healthcare, and accommodation & food services. 

These gains were offset by losses occurring mainly in construction, business & building services, information & culture services, and public administration.

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