Employment Up 2.1% in January 2026

Employment in Newfoundland and Labrador was 234,700 persons in January 2026, an increase of 4,900 persons, or 2.1%, compared to January 2025. Actual hours worked increased by 1.0%. The level of unemployment decreased by 5,800 persons, or 16.9%, and the unemployment rate decreased by 2.1 percentage points to 10.9%. This rate marks an all-time low for the province for the month of January.

The labour force in Newfoundland and Labrador was 263,300 in January 2026. This was a decrease of 900 persons, or 0.3% compared to January 2025, and was due to a decrease in the participation rate. The participation rate decreased by 0.6 percentage points to 55.7%, while the source population increased by 3,400 persons, or 0.7%.

There was an increase in part-time employment (+3,000 persons or 8.5%) and full-time employment (+1,800 persons or 0.9%) in January 2026 when compared to January 2025. On a gender basis, employment increased by 2,600 persons for the ‘Men+’ category (+2.3%) and increased by 2,200 persons for the ‘Women+’ category (+1.9%).

On an industry basis, employment in the services-producing sector increased by 7,000 persons (+3.7%) in January 2026, while employment in the goods-producing sector decreased by 2,200 persons (-5.4%). Within the services-producing sector, the largest employment gains were recorded in ‘Wholesale and retail trade’ (+2,500 persons), ‘Accommodation and food services’ (+2,400 persons), ‘Health care and social assistance’ (+1,900 persons) and ‘Other services’ (+1,600 persons). The largest employment decline was recorded in ‘Educational services’ (-1,900 persons). Within the goods-producing sector, the largest employment declines were recorded in ‘Manufacturing’ (-1,000 persons), ‘Agriculture’ (-500 persons) and ‘Construction’ (‑500 persons). There were no employment gains among other major categories within the goods-producing industries.

Employment increased in seven provinces in January 2026 compared to January 2025, with gains ranging from 0.6% for Quebec to 3.5% for Alberta. Employment declined in Nova Scotia (-0.3%) and Ontario (-0.4%) and was essentially flat in British Columbia.

 

Labour Force Characteristics 
Newfoundland and Labrador
Indicator
Jan 2025
Jan 2026
Change
Labour Force (000s) 264.2 263.3 -0.3%
Employment (000s) 229.8 234.7 2.1%
Unemployment (000s) 34.4 28.6 -16.9%
Unemployment Rate (%) 13.0 10.9 -2.1 ppts
Participation Rate (%) 56.3 55.7 -0.6 ppts
Employment Rate (%) 48.9 49.6 0.7 ppts
ppts: percentage point change
Percent and actual changes based on unrounded monthly averages
Source: Statistics Canada’s Labour Force Survey; Economics Division, Department of Finance

 

Glossary terms:
Labour Force | Employed | Unemployed | Unemployment Rate | Participation Rate | Employment Rate

Statistical Reference: Statistics used in this analysis were current at the time of writing. For the latest in employment statistics visit the Newfoundland & Labrador Statistics Agency site and the release dates on the Statistics Canada site.

 

Economics Division, Department of Finance – (709) 729-3255 – infoera@gov.nl.ca