Workforce Composition by Status

In the most recent month, Full-time Employment increased by 1,400 jobs from last month and increased by 500 jobs compared to the same month last year.

Part-time Employment decreased by 900 jobs from last month and decreased by 1,600 jobs year-over-year.

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

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 3.5 percentage points year-over-year.

The Unemployment Rate decreased by 0.8 percentage points from a year ago.

The Participation Rate decreased by 4.4 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 500 jobs in the most recent month and decreased by 1,100 jobs compared to the same month last year.

In the most recent month, there was a net increased by 500 jobs. Over the last year, the labor market has seen a net decreased by 1,100 jobs in total.

Top 3 Industries in Goods Sector

• Manufacturing : 9,100 workers.
• Construction : 4,900 workers.
• Agriculture : 2,900 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 : 11,700 workers.
• Wholesale and retail trade : 10,900 workers.
• Educational services : 6,200 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 1,800 workers ( decreased by 100 %).
• Professional, scientific and technical services : Change of 900 workers ( increased by 25.71 %).
• Transportation and warehousing : Change of 600 workers ( increased by 23.08 %).
• Manufacturing : Change of 500 workers ( decreased by 5.21 %).
• Health care and social assistance : Change of 400 workers ( increased by 3.54 %).

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 3,200 workers ( decreased by 39.51 %).
• Forestry, fishing, mining, quarrying, oil and gas : Change of 2,300 workers ( decreased by 100 %).
• Information, culture and recreation : Change of 1,600 workers ( decreased by 100 %).
• Professional, scientific and technical services : Change of 1,300 workers ( increased by 41.94 %).
• Accommodation and food services : Change of 1,300 workers ( increased by 31.71 %).

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: Manufacturing, Wholesale and retail trade, Educational services, Health care and social assistance, Accommodation and food services.