New Brunswick Employment Trends
The unemployment rate in New Brunswick was 7.1% as of July 2026, down 0.1% from the previous month. The unemployment rate stood 6.1% below the peak from June 2020 and is below the long-run average.
There were 700 fewer full-time jobs in July 2026 compared to a month earlier. Combined with a loss of 100 part-time positions, this led to a decrease of 800 total jobs in July.
Full-time employment was down 4,500 jobs from the peak in March 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Fredericton Employment Trends
The unemployment rate in Fredericton was 5.8% as of July 2026, up 0.6% from the previous month. The unemployment rate stood 4.8% below the peak from June 2020 and is below the long-run average.
There were 800 more full-time jobs in July 2026 compared to a month earlier. Combined with a loss of 500 part-time positions, this led to an increase of 300 total jobs in July.
Full-time employment has recovered since reaching a bottom in July 2025 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Moncton Employment Trends
The unemployment rate in Moncton was 7.8% as of July 2026, down 0.1% from the previous month. The unemployment rate stood 2.7% below the peak from June 2020 but remains above the long-run average.
There were 800 fewer full-time jobs in July 2026 compared to a month earlier. Combined with a gain of 700 part-time positions, this led to a decrease of 100 total jobs in July.
Full-time employment was down 4,400 jobs from the peak in March 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Saint John, New Brunswick Employment Trends
The unemployment rate in Saint John, New Brunswick was 5.2% as of July 2026, down 0.3% from the previous month. The unemployment rate stood 6.7% below the peak from June 2020 and is below the long-run average.
There were 400 more full-time jobs in July 2026 compared to a month earlier. Combined with a loss of 500 part-time positions, this led to a decrease of 100 total jobs in July.
Full-time employment was down 2,300 jobs from the peak in April 2024 but stood 3,500 jobs above the trough in January 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
