Prince Edward Island Real Estate Association

Prince Edward Island Employment Trends

 

The unemployment rate in Prince Edward Island was 7.8% as of June 2025, up 0.4% from the previous month. The unemployment rate stood 5.8% below the peak from July 2020 and is below the long-run average.

There were 500 fewer full-time jobs in June 2025 compared to a month earlier. Combined with a loss of 200 part-time positions, this led to a decrease of 700 total jobs in June.

Full-time employment was still down 1,200 jobs from the peak in April 2025.

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


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