{"id":793717,"date":"2026-07-10T22:23:15","date_gmt":"2026-07-10T22:23:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/793717\/"},"modified":"2026-07-10T22:23:15","modified_gmt":"2026-07-10T22:23:15","slug":"unemployment-rate-drops-in-newfoundland-and-labrador","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/793717\/","title":{"rendered":"Unemployment Rate Drops in Newfoundland and Labrador"},"content":{"rendered":"<p>\t\t\t\t&#13;<\/p>\n<p>\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/04\/now-hiring-sign-employment-job-resume.png\" class=\"header-image\" alt=\"Unemployment Rate Drops in Newfoundland and Labrador\"\/>\t\t\t\t<\/p>\n<p>There was a slight drop in the unemployment rate nationally last month \u2013 one-tenth of a point but the rate dipped significantly in Newfoundland and Labrador. Unemployment stood at 8.2 per cent last month, down from 9.6 in May.<\/p>\n<p>The rate in the St. John\u2019s region held steady at 7.0 per cent.<\/p>\n<p>Employment was up among youth by 1.2 per cent and the 25-54 age group, but down by 1.1 per cent among those 55 and older.<\/p>\n<p>The June jobs report will be the Bank of Canada\u2019s last major look at the state of the economy before making its next interest rate decision on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; There was a slight drop in the unemployment rate nationally last month \u2013 one-tenth of a point&hellip;\n","protected":false},"author":2,"featured_media":596975,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,269876,185074,269873,269875,269877,269874,269870,269871,269872],"class_list":["post-793717","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-listen-to-vocm","tag-news-radio","tag-news-radio-st-johns","tag-st-johns-fm-radio","tag-st-johns-local-radio","tag-st-johns-radio-station","tag-vocm","tag-vocm-590","tag-vocm-radio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/793717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=793717"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/793717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/596975"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=793717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=793717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=793717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}