Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 6,200 jobs from last month and increased by 12,300 jobs compared to the same month last year.

Part-time Employment decreased by 200 jobs from last month and increased by 2,600 jobs year-over-year.

The number of Unemployed individuals increased by 500 from the previous month and increased by 2,500 compared to last year.

Employment, Unemployment, and Participation Rate

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

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

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

Jobs Added or Lost by Month

Employment levels decreased by 6,500 jobs in the most recent month and increased by 14,800 jobs compared to the same month last year.

In the most recent month, there was a net decreased by 6,500 jobs. Over the last year, the labor market has seen a net increased by 14,800 jobs in total.

Top 3 Industries in Goods Sector

• Construction : 39,700 workers.
• Manufacturing : 19,400 workers.
• Forestry, fishing, mining, quarrying, oil and gas : 7,400 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 : 82,100 workers.
• Wholesale and retail trade : 57,900 workers.
• Public administration : 44,500 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

• Accommodation and food services : Change of 4,100 workers ( decreased by 10.65 %).
• Educational services : Change of 3,700 workers ( increased by 12.05 %).
• Health care and social assistance : Change of 3,100 workers ( increased by 3.92 %).
• Public administration : Change of 2,100 workers ( decreased by 4.51 %).
• Transportation and warehousing : Change of 1,600 workers ( decreased by 8.04 %).

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 10,200 workers ( decreased by 14.98 %).
• Construction : Change of 7,900 workers ( increased by 24.84 %).
• Health care and social assistance : Change of 6,700 workers ( increased by 8.89 %).
• Information, culture and recreation : Change of 5,900 workers ( increased by 34.5 %).
• Manufacturing : Change of 4,000 workers ( increased by 25.97 %).

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: Construction, Wholesale and retail trade, Professional, scientific and technical services, Health care and social assistance, Public administration.