Newfoundland and Labrador Association of REALTORS®

Newfoundland Employment Trends

 

The unemployment rate in Newfoundland and Labrador was 9.6% as of April 2026, up 0.3% from the previous month. The unemployment rate stood 8% below the peak from July 2020 and is below the long-run average.

There were 400 fewer full-time jobs in April 2026 compared to a month earlier. Combined with a loss of 600 part-time positions, this led to a decrease of 1,000 total jobs in April.

Full-time employment was down 500 jobs from the peak in December 2012 but stood 41,100 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 April 2026, down 0.1% 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 200 more full-time jobs in April 2026 compared to a month earlier. Combined with a gain of 200 part-time positions, this led to an increase of 400 total jobs in April.

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.


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