Unemployment rate

5.5%

-1.9% YOY

October 2022 | Statistics Canada

Labour force participation rate

62.3%

-4.6% YOY

October 2022 | Statistics Canada

Minimum wage

$12.75

/ hour

2022 | GNB

Median Total Income – Couples

$91,000

+0.25% YOY

2021 | Statistics Canada

Public College Enrolment*
Total

2,105

+8.8% YOY

2019-2020 | NBCC, CCNB

Public University Enrolment*
Total

6,428

+2.2% YOY

2020-2021 | MPHEC

Public University Enrolment*
International Students

960

-0.7% YOY

2020-2021 | MPHEC

Bilingual Population
(English/French)

49.5%

2021 | Statistics Canada

Working-Aged Population with
Post-Secondary Education

63.7%

2016 | Statistics Canada

Job
Postings†

7,116

+29.7% YOY

Q3 2022 | Vicinity Jobs

  • The Southeast region reached record employment in September 2021.

  • The labour force size has grown faster than employment during the pandemic, causing an increase in the unemployment rate.

  • Median incomes for all Census family types have trended upwards since 2011.

  • The median couple family earns over $90,000 per year, while the median “not in Census family” (i.e., people who live alone) earns over $30,000 per year.

  • The minimum hourly wage in New Brunswick is $12.75, set to rise to $13.75 in October 2022.

  • Public university enrolment declined from 2013 to 2018, but increased from 2018-2022.

  • Public college enrolment has increased by about 20% over the past five years.

  • As of the 2016 Census, 63.7% of the region’s working-aged population held a post-secondary degree or diploma.

  • Job postings declined in 2020, likely due to the COVID-19 pandemic.

  • In 2021, job postings returned to their pre-COVID levels.

  • The plurality of job postings are for sales and service occupations, and business, finance and related occupations.

*Mount Allison University and Université de Moncton, campus de Moncton
nbjobs.ca/stats/hiringdemand/southeast