Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 400 jobs from last month and decreased by 3,700 jobs compared to the same month last year.

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

The number of Unemployed individuals decreased by 400 from the previous month and increased by 800 compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 3 percentage points year-over-year.

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

The Participation Rate decreased by 2.5 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels remained unchanged at 0 jobs in the most recent month and decreased by 1,200 jobs compared to the same month last year.

In the most recent month, there was a net remained unchanged at 0 jobs. Over the last year, the labor market has seen a net decreased by 1,200 jobs in total.

Top 3 Industries in Goods Sector

• Forestry, fishing, mining, quarrying, oil and gas : 17,700 workers.
• Construction : 7,700 workers.
• Agriculture : 2,100 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 : 8,900 workers.
• Health care and social assistance : 7,600 workers.
• Educational services : 5,100 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 400 workers ( decreased by 4.94 %).
• Wholesale and retail trade : Change of 400 workers ( decreased by 4.3 %).
• Public administration : Change of 400 workers ( increased by 9.76 %).
• Business, building and other support services : Change of 300 workers ( decreased by 12.5 %).
• Other services (except public administration) : Change of 300 workers ( decreased by 7.5 %).

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 3,600 workers ( decreased by 28.8 %).
• Information, culture and recreation : Change of 2,700 workers ( increased by Inf %).
• Agriculture : Change of 2,100 workers ( increased by Inf %).
• Construction : Change of 1,900 workers ( increased by 32.76 %).
• Forestry, fishing, mining, quarrying, oil and gas : Change of 1,800 workers ( decreased by 9.23 %).

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: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Educational services, Health care and social assistance.