Newfoundland Employment Trends
The unemployment rate in Newfoundland and Labrador was 9.1% as of July 2026, down 0.2% from the previous month. The unemployment rate stood 8.5% below the peak from July 2020 and is below the long-run average.
There were 200 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 300 total jobs in July.
Full-time employment was down 3,300 jobs from the peak in December 2012 but stood 38,200 jobs above the trough in June 2020.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
St. John's Employment Trends
The unemployment rate in St. John's, Newfoundland and Labrador was 7% as of July 2026, unchanged from the previous month. The unemployment rate stood 6.5% below the peak in July 2020 and is below the long-run average.
There were 300 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 200 total jobs in July.
Full-time employment was down 200 jobs from the peak in November 2025 but stood 500 jobs above the trough in January 2026.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
