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N.B. Adds 2,300 Jobs With Big Gains Made in Moncton

Moncton City Hall (Image: flickr user theantelope)

MONCTON – New Brunswick added 2,300 jobs in October with most of the gains made in the Moncton area, according to the latest figures from Statistics Canada.

The employed workforce in Moncton went from 77,400 in September to 78,900 in October. However, the unemployment rate went up from 5.6 percent to 5.8 percent because the size of the labour force grew by 1,800.

Saint John’s unemployment rate rose from 5.7  percent in September to 6.4 percent in October. The employed workforce shrunk by 500, falling from 69,900 in September to 69,8000 in October.

The provincewide unemployment rate remained the same at 7.8 percent even though the province added new jobs because the overall labour force grew.

The nationwide unemployment rate was 6.3 percent, up from 6.2 percent in September.