Employment Growth Forecast

Newfoundland and Labrador

Forecast Agency
Date Completed
Employment Growth (%)
2019
2020
CIBC World Markets
09-Oct
1.6
 0.0
Scotiabank Group
05-Dec
 1.1
 0.0
TD Economics
17-Dec
 1.1
-0.5
BMO Nesbitt Burns
20-Dec
 0.9
 -1.1
Royal Bank of Canada
12-Dec
1.1
-1.0
National Bank of Canada
02-Dec
0.9
-1.0
Conference Board of Canada
05-Nov
 0.8
-2.0
Private Sector Average
1.1
-0.8
Department of Finance
11-Dec
0.7
-0.5
Forecasts accurate as of January 9, 2020

Economic and Project Analysis Division, Department of Finance – (709) 729-3255 – infoera@gov.nl.ca