The province's unemployment rate reached its lowest recorded rate in the comparable data, dropping to 6.6% in 2023, as unemployment decreased by 6.6% and the labour force increased by 2.8%. Labour shortages persisted in 2023, with the year-to-date average of job vacancies in New Brunswick clocking in at 13,270.
Mar 19, 2024
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Overview of the New Brunswick Economy In 2023, the province of New Brunswick has a population of 828,546, having grown an annualized 1.5% over the five years ...
The province's 2019 output was CA$38.236 billion, which is 1.65% of Canada's GDP. Tourism accounts for 9% of the labour force either directly or indirectly.
Mar 27, 2024 · The New Brunswick government has been touting a "much healthier economy" in the province in recent years but economists with four major ...
Economic Data for New Brunswick ... Real GDP (a measure of economic growth) has barely grown since 2013, rising from $26 billion Canadian dollars in 2013 to $27 ...
Agriculture, forestry, fishing, hunting, mining, oil and gas extraction. About 83% of New Brunswick is forested. Historically important, it accounted for more ...
Today New Brunswick is home to a modern service-based economy, with major financial and insurance industries leading the way. Canada is investing heavily in ...
Mar 20, 2024 · The province is forecasting real GDP growth to slow this year from an estimated gain of 1.1% in 2023, before some acceleration takes place in ...
With an economic contraction of 3.7% in 2020, New Brunswick had the third-shallowest decline among the provinces, exceeded only by Prince Edward. Island and ...
CA$705.00 In stock
Apr 17, 2024 · The economic outlook for New Brunswick is a mix of both good and bad news. Tight monetary policy continues to curtail spending and investment ...