Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 1,900 jobs from last month and decreased by 3,900 jobs compared to the same month last year.

Part-time Employment decreased by 2,300 jobs from last month and decreased by 3,400 jobs year-over-year.

The number of Unemployed individuals decreased by 300 from the previous month and increased by 800 compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 5.5 percentage points year-over-year.

The Unemployment Rate increased by 1 percentage points from a year ago.

The Participation Rate decreased by 5.1 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels decreased by 4,300 jobs in the most recent month and decreased by 7,400 jobs compared to the same month last year.

In the most recent month, there was a net decreased by 4,300 jobs. Over the last year, the labor market has seen a net decreased by 7,400 jobs in total.

Top 3 Industries in Goods Sector

• Construction : 9,400 workers.
• Manufacturing : 8,400 workers.
• Agriculture : 0 workers.
• Forestry, fishing, mining, quarrying, oil and gas : 0 workers.
• Utilities : 0 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

• Health care and social assistance : 18,000 workers.
• Wholesale and retail trade : 13,400 workers.
• Professional, scientific and technical services : 10,900 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

• Forestry, fishing, mining, quarrying, oil and gas : Change of 2,100 workers ( decreased by 100 %).
• Accommodation and food services : Change of 2,100 workers ( decreased by 24.71 %).
• Information, culture and recreation : Change of 1,800 workers ( increased by 20.93 %).
• Health care and social assistance : Change of 1,700 workers ( decreased by 8.63 %).
• Construction : Change of 1,400 workers ( increased by 17.5 %).

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

Top 5 Industries by Change from Same Month Last Year

• Wholesale and retail trade : Change of 5,800 workers ( decreased by 30.21 %).
• Information, culture and recreation : Change of 4,800 workers ( increased by 85.71 %).
• Construction : Change of 3,700 workers ( decreased by 28.24 %).
• Other services (except public administration) : Change of 3,500 workers ( decreased by 47.3 %).
• Educational services : Change of 3,200 workers ( decreased by 38.55 %).
• Manufacturing : Change of 3,200 workers ( increased by 61.54 %).

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, Information, culture and recreation.