Workforce Composition by Status

In the most recent month, Full-time Employment increased by 600 jobs from last month and increased by 6,000 jobs compared to the same month last year.

Part-time Employment decreased by 3,500 jobs from last month and decreased by 900 jobs year-over-year.

The number of Unemployed individuals increased by 700 from the previous month and remained unchanged at 0 compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 0.7 percentage points year-over-year.

The Unemployment Rate decreased by 0.3 percentage points from a year ago.

The Participation Rate increased by 0.4 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels decreased by 2,900 jobs in the most recent month and increased by 5,100 jobs compared to the same month last year.

In the most recent month, there was a net decreased by 2,900 jobs. Over the last year, the labor market has seen a net increased by 5,100 jobs in total.

Top 3 Industries in Goods Sector

• Forestry, fishing, mining, quarrying, oil and gas : 10,800 workers.
• Construction : 10,600 workers.
• Manufacturing : 9,100 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 : 19,000 workers.
• Health care and social assistance : 17,800 workers.
• Other services (except public administration) : 7,700 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

• Agriculture : Change of 1,800 workers ( decreased by 100 %).
• Manufacturing : Change of 1,200 workers ( increased by 15.19 %).
• Wholesale and retail trade : Change of 1,100 workers ( decreased by 5.47 %).
• Transportation and warehousing : Change of 1,100 workers ( decreased by 23.4 %).
• Business, building and other support services : Change of 900 workers ( increased by 24.32 %).

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 3,800 workers ( decreased by 26.39 %).
• Wholesale and retail trade : Change of 2,800 workers ( increased by 17.28 %).
• Accommodation and food services : Change of 2,500 workers ( decreased by 30.86 %).
• Agriculture : Change of 2,400 workers ( decreased by 100 %).
• Manufacturing : Change of 2,400 workers ( increased by 35.82 %).
• Finance, insurance, real estate, rental and leasing : Change of 2,400 workers ( increased by 64.86 %).

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

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Manufacturing, Wholesale and retail trade, Health care and social assistance.