Newfoundland Employment Trends
The unemployment rate in Newfoundland and Labrador was 9.8% as of May 2025, down 0.3% from the previous month. The unemployment rate stood 7.8% below the peak from July 2020 and is below the long-run average.
There were 500 more full-time jobs in May 2025 compared to a month earlier. Combined with a gain of 1,500 part-time positions, this led to an increase of 2,000 total jobs in May.
Full-time employment was still 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 May 2025, down 0.4% 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 400 fewer full-time jobs in May 2025 compared to a month earlier. Combined with a gain of 2,600 part-time positions, this led to an increase of 2,200 total jobs in May.
Full-time employment was still down 1,200 jobs from the peak in February 2025.
* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.
