Newfoundland and Labrador, April 2023 - Job market snapshot

Get a snapshot of key facts about the state of Newfoundland and Labrador's labour market in the past month.

 
Employment in Newfoundland and Labrador rose by 7,800 (+3.4%) over the last 12 months, including a gain of 200 (+0.1%) in the last month. Full-time employment declined over the last month, while part-time employment rose sharply. The province's unemployment rate dropped to 10.1% in April from 11.7% the same month the year prior.

Newfoundland and Labrador's job market by the numbers

Working population

238,000

Up 0.1% since March

Unemployment rate

10.1%

Down 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

Health care and social assistance

Number of jobs increased 0.4%

March45,500

April45,700

Employment in the health care and social assistance industry has grown by 1,300 (+2.9%) over the last 12 months, including a gain of 200 (+0.4%) in the last month. The industry's job vacancy rate in Q4 2022 was 5.9%, 0.3p.p. higher than the previous quarter.

Forestry, fishing, mining, quarrying, oil and gas

Number of jobs decreased -2.4%

March16,500

April16,100

Employment in the forestry, fishing, mining, quarrying, oil and gas industry declined by 400 jobs (-2.4%) over the last month. The industry's job vacancy rate in Q4 2022 was 8.4%, 0.7p.p. lower than the previous quarter.

Construction

Number of jobs decreased -0.5%

March20,100

April20,000

Employment in the construction industry rose by 700 (+3.6%) over the last 12 months, including a loss of 100 (-0.5%) 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

Avalon Peninsula
7.4%
South Coast–Burin Peninsula and Notre Dame-Central-Bonavista Bay
19.1%
West Coast–Northern Peninsula–Labrador
15.0%

The unemployment rate was lowest in Avalon Peninsula and highest in South Coast–Burin Peninsula and Notre Dame-Central-Bonavista Bay.

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

Avalon Peninsula

134,400 people employed

Up 2.1% since April 2022

The number of jobs in Avalon Peninsula increased by a moderate 2,700 (+2.1%) over the last 12 months. Part-time employment grew by a steep 4,300 (+20.6%) over the last year. The labour force (those working or looking for work) declined by a moderate 3,000 (-2.0%) compared to a year ago. The region's unemployment rate is unchanged from March last year. What else is happening in this region?

South Coast–Burin Peninsula and Notre Dame-Central-Bonavista Bay

49,200 people employed

Up 1.4% since April 2022

The number of jobs in South Coast-Burin Peninsula and Notre Dame-Central Bonavista Bay rose by 700 (+1.4%) over the last 12 months. Full-time employment grew by a steep 1,900 (+4.7%) over the last 12 months. The province's unemployment rate fell slightly over the last 12 months, as it fell from 19.8% to 19.1%. What else is happening in this region?

West Coast–Northern Peninsula–Labrador

42,900 people employed

Up 10.9% since April 2022

The number of jobs in West Coast-Northern Peninsula-Labrador hiked by a sharp 4,200 (+10.9%) over the last 12 months. Full-time employment inclined by a sharp 3,700 (+11.0%) over the last 12 months. The region's unemployment rate slid to 4.1% in March from 5.9% the same month the year prior. What else is happening in this region?

Last data refresh: 2023-06-05 23:00:04

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