New Brunswick Employment Trends
The unemployment rate in New Brunswick was 6.8% as of February 2026, up 0.2% from the previous month. The unemployment rate stood 6.4% below the peak from June 2020 and is below the long-run average.
There were 400 more full-time jobs in February 2026 compared to a month earlier. Combined with a loss of 400 part-time positions, this led to an unchanged number of total jobs in February.
Full-time employment has recovered since reaching a bottom in September 2025 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Fredericton Employment Trends
The unemployment rate in Fredericton was 6.1% as of February 2026, up 0.3% from the previous month. The unemployment rate stood 4.5% below the peak from June 2020 and is below the long-run average.
There were 1,300 fewer full-time jobs in February 2026 compared to a month earlier. Combined with a gain of 700 part-time positions, this led to a decrease of 600 total jobs in February.
Full-time employment was down 1,800 jobs from the peak in April 2025 but stood 700 jobs above the trough in July 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
Moncton Employment Trends
The unemployment rate in Moncton was 6.1% as of February 2026, up 0.5% from the previous month. The unemployment rate stood 4.4% below the peak from June 2020 and is below the long-run average.
There were 200 fewer full-time jobs in February 2026 compared to a month earlier. Combined with a loss of 1,000 part-time positions, this led to a decrease of 1,200 total jobs in February.
Full-time employment was down 1,700 jobs from the peak in March 2025 but stood 2,100 jobs above the trough in September 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 5.3% as of February 2026, down 0.3% from the previous month. The unemployment rate stood 6.6% below the peak from June 2020 and is below the long-run average.
There were 1,200 more full-time jobs in February 2026 compared to a month earlier. Combined with a gain of 200 part-time positions, this led to an increase of 1,400 total jobs in February.
Full-time employment was down 4,400 jobs from the peak in April 2024 but stood 1,400 jobs above the trough in January 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
