Newfoundland Employment Trends
The unemployment rate in Newfoundland and Labrador was 8.7% as of August 2026, down 0.4% from the previous month. The unemployment rate stood 8.9% below the peak from July 2020 and is below the long-run average.
There were 600 more full-time jobs in August 2026 compared to a month earlier. Combined with an unchanged number of part-time positions, this led to an increase of 600 total jobs in August.
Full-time employment was down 2,700 jobs from the peak in December 2012 but stood 38,800 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 6.7% as of August 2026, down 0.3% from the previous month. The unemployment rate stood 6.8% below the peak from July 2020 and is below the long-run average.
There were 1,800 more full-time jobs in August 2026 compared to a month earlier. Combined with a loss of 700 part-time positions, this led to an increase of 1,100 total jobs in August.
Full-time employment has recovered since reaching a bottom in January 2026 and now stands at a record high.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
