Workforce Composition by Status

In the most recent month, Full-time Employment increased by 1,000 jobs from last month and decreased by 8,100 jobs compared to the same month last year.

Part-time Employment increased by 400 jobs from last month and increased by 7,800 jobs year-over-year.

The number of Unemployed individuals decreased by 1,000 from the previous month and increased by 1,500 compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 2.1 percentage points year-over-year.

The Unemployment Rate increased by 1.3 percentage points from a year ago.

The Participation Rate decreased by 1.3 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 1,500 jobs in the most recent month and decreased by 400 jobs compared to the same month last year.

In the most recent month, there was a net increased by 1,500 jobs. Over the last year, the labor market has seen a net decreased by 400 jobs in total.

Top 3 Industries in Goods Sector

• Construction : 7,500 workers.
• Manufacturing : 6,800 workers.
• Forestry, fishing, mining, quarrying, oil and gas : 1,600 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, and Agriculture, which together account for a substantial share of the workforce.

Top 3 Industries in Services Sector

• Wholesale and retail trade : 22,100 workers.
• Health care and social assistance : 18,000 workers.
• Professional, scientific and technical services : 13,600 workers.

In the Services sector, Health Care, Retail, and Professional Services lead employment, representing a dominant portion of the workforce.

Top 5 Industries by Change from Previous Month

• Construction : Change of 1,500 workers ( increased by 25 %).
• Public administration : Change of 1,200 workers ( increased by 30 %).
• Accommodation and food services : Change of 1,000 workers ( decreased by 10.75 %).
• Wholesale and retail trade : Change of 900 workers ( increased by 4.25 %).
• Transportation and warehousing : Change of 500 workers ( increased by 14.71 %).
• Business, building and other support services : Change of 500 workers ( decreased by 10.87 %).
• Educational services : Change of 500 workers ( decreased by 11.9 %).

These industries saw the largest month-over-month changes, indicating short-term trends.

Top 5 Industries by Change from Same Month Last Year

• Construction : Change of 8,100 workers ( decreased by 51.92 %).
• Professional, scientific and technical services : Change of 4,900 workers ( increased by 56.32 %).
• Wholesale and retail trade : Change of 4,000 workers ( increased by 22.1 %).
• Educational services : Change of 3,600 workers ( decreased by 49.32 %).
• Business, building and other support services : Change of 3,400 workers ( decreased by 45.33 %).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

Conclusion

Employment has seen a decline over the year, highlighting some challenges in the job market. Key industries driving the trend are: Construction, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance, Accommodation and food services.