Newfoundland and Labrador Association of REALTORS®

Newfoundland Employment Trends

The unemployment rate in Newfoundland and Labrador was 13.1% at the end of April 2020, up 1.3% from the previous month to the highest level since the end of 2018.

Full-time jobs were down sharply from the end of the previous month to where it stood about 14 years ago.

There were 9,400 fewer full-time jobs in April 2020 compared to a month earlier. A loss of 2,100 part-time positions led to a decrease of 11,500 total jobs in April.

A small amount of full-time job gains occurred mainly in agriculture. 

These gains were offset by losses occurring mainly in natural resources, construction, manufacturing, trade services, transportation & warehousing, prof., sci. & tech. services, business & building services, education, healthcare, information & culture services, accommodation & food services, and public administration.

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