New Brunswick, April 2023 - Job market snapshot

Get a snapshot of key facts about the state of New Brunswick's labour market in the past month.

 

Employment in New Brunswick was up by a sharp 8,900 (+2.4%) over the last 12 months, including a loss of 1,900 (-0.5%) in the last month. The majority of the decline in employment this month is due to loss of part-time employment. The labour force (those working or looking for work) declined modestly this month. The province's unemployment rate grew slightly to 6.1% in April from 5.8% the previous month.

New Brunswick's job market by the numbers

Working population

383,600

Down -0.5% since March

Unemployment rate

6.1%

Up since March

Source: Statistics Canada - Table 14-10-0287-01 - Labour force characteristics, monthly, seasonally adjusted and trend-cycle, last 5 months

Industries in focus

Forestry, fishing, mining, quarrying, oil and gas

Number of jobs increased 5.7%

March8,700

April9,200

Employment in the forestry, fishing, mining, quarrying, oil and gas industry has grown by 2,000 (+27.8%) over the last 12 months, including a gain of 500 (+5.7%) in the last month.

Health care and social assistance

Number of jobs decreased -2.3%

March61,300

April59,900

Employment in the health care and social assistance industry has grown by a steep 4,500 (+8.1%) over the last 12 months, including a loss of 1,400 (-2.3%) in the last month. The number of job vacancies in the industry in Q4 2022 was 2,630, 655 lower than the previous quarter and 260 higher than the same quarter a year prior.

Agriculture

Number of jobs decreased -3.5%

March5,700

April5,500

Employment in the agriculture industry shrunk by a steep 1,100 (-16.7%) over the last 12 months, including a loss of 200 (-3.5%) in the last month.

Source: Statistics Canada - Table 14-10-0355-02 - Employment by industry, monthly, seasonally adjusted (x 1,000)

Unemployment rate by region

Campbellton–Miramichi
11.9%
Edmundston–Woodstock
5.9%
Fredericton–Oromocto
3.6%
Moncton–Richibucto
7.1%
Saint John–St. Stephen
5.6%

The unemployment rate was lowest in Fredericton–Oromocto and highest in Campbellton–Miramichi.

Source: Statistics Canada - Table 14-10-0387-01 - Labour force characteristics, three-month moving average, unadjusted for seasonality, last 5 months

A closer look at some regions

Campbellton–Miramichi

62,300 people employed

Up 10.3% since April 2022

Employment in Campbellton-Miramichi jumped in April from the same month a year prior. Both full-time and part time employment grew sharply over the last year. The labour force (those working or looking for work) rose by a steep 4,800 (+7.3%) compared to a year ago. The region's unemployment rate slipped to 11.9% in April from 14.3% the same month the year prior. What else is happening in this region?

Moncton–Richibucto

117,400 people employed

Up 3.6% since April 2022

The number of jobs in Moncton-Richibucto rose by 4,100 (+3.6%) over the last 12 months. Full-time employment hiked by 2,400 over the last year, while part-time employment grew by 1,700. The labour force (those working or looking for work) was up by 5,200 (+4.3%) compared to a year ago. The region's unemployment rate grew slightly to 7.1% in April from 6.6% the same month the year prior. What else is happening in this region?

Fredericton–Oromocto

74,700 people employed

Up 4.2% since April 2022

The number of jobs in Fredericton-Oromocto inclined by a moderate 3,000 (+4.2%) over the last 12 months. New job growth this year is entirely due to new part-time employment. The labour force (those working or looking for work) grew by a modest 1,300 (+1.7%) compared to a year ago. The region's unemployment rate was down sharply to 3.6% in April from 6.1% the same month the year prior. What else is happening in this region?

Last data refresh: 2023-06-05 23:00:07

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