Newfoundland and Labrador, February 2025 - Job market snapshot

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

In February, employment declined by a slight 400 jobs (-0.2%) in Newfoundland and Labrador compared to the previous month. The decline in employment this month is entirely due to loss of full-time employment. The province's unemployment rate decreased to 10.5% in February from 10.6% the previous month and grew from 10.1% a year prior.

Newfoundland and Labrador's job market by the numbers

Working population

242,700

Down -0.2% since January

Unemployment rate

10.5%

Down -0.1 pts since January

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 decreased -2.3%

January48,200

February47,100

In February, employment decreased by a steep 1,100 jobs (-2.3%) in the health care and social assistance industry compared to the previous month. The industry's job vacancy rate in Q2 2024 was 5.2%, 1.6p.p. higher than the previous quarter and 1.7p.p. lower than the same quarter a year prior.

Public administration

Number of jobs increased 4.4%

January20,500

February21,400

Job growth in the public administration industry has been positive each month since September 2024. Employment in the sector grew by a moderate 900 jobs (+4.4%) over the last month. The industry's job vacancy rate in Q3 2024 was 2.3%, 0.1p.p. lower than the previous quarter and 0.6p.p. lower than the same quarter a year prior.

Transportation and warehousing

Number of jobs decreased -6.3%

January14,200

February13,300

In February, employment declined by 900 jobs (-6.3%) in the transportation and warehousing industry compared to the previous month. The industry's job vacancy rate in Q3 2024 was 3.2%, 0.5p.p. higher than the previous quarter and 0.6p.p. higher than the same quarter a year prior.

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

Unemployment rate by region

Avalon Peninsula
7.9%
South Coast–Burin Peninsula and Notre Dame-Central-Bonavista Bay
13.3%
West Coast–Northern Peninsula–Labrador
12.0%

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

143,700 people employed

Up 1.0% since December 2023

The number of jobs in Avalon Peninsula declined by a slight 200 (-0.1%) over the last 12 months. The decline in employment this year is entirely due to loss of part-time employment. A decrease in employment and a larger labour force year-over-year has led to a higher unemployment rate, 9.5% compared to 8.4% last February. What else is happening in this region?

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

50,000 people employed

Down -7.1% since December 2023

The number of jobs in South Coast-Burin Peninsula and Notre Dame-Central-Bonavista Bay decreased by a steep 3,700 (-7.2%) over the last 12 months. The decline in employment this year is entirely due to loss of full-time employment. The labour force (those working or looking for work) fell by a steep 4,100 (-6.6%) compared to a year ago. The region's unemployment rate grew to 17.9% in February from 17.3% the same month the year prior. What else is happening in this region?

West Coast–Northern Peninsula–Labrador

45,600 people employed

Up 7.3% since December 2023

The number of jobs in West Coast-Northern Peninsula-Labrador rose by a sharp 2,000 (+4.6%) over the last 12 months. New job growth this year is entirely due to new full-time employment. The region's unemployment rate declined to 11.5% in February from 13.1% the same month the year prior. What else is happening in this region?

Last data refresh: 2025-03-23 06:03:37

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