Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 2,400 jobs from last month and decreased by 2,000 jobs compared to the same month last year.

Part-time Employment decreased by 100 jobs from last month and decreased by 3,200 jobs year-over-year.

The number of Unemployed individuals increased by 200 people from the previous month and increased by 300 people compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 6.6 percentage points from a year ago.

The Unemployment Rate increased by 0.7 percentage points from a year ago.

The Participation Rate decreased by 6.4 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels decreased by 2,400 jobs from the previous month and decreased by 5,200 jobs compared to the same month last year.

In the most recent month, employment decreased by 2,400 jobs . Over the last year, the labor market has decreased by 5,200 jobs .

Top 3 Industries in Goods Sector

• Construction : 6,600 workers.
• Manufacturing : 6,100 workers.
• Agriculture : 3,300 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 : 12,100 workers.
• Wholesale and retail trade : 9,600 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

• Professional, scientific and technical services : Change of 1,100 workers ( decreased by 20.37 %).
• Wholesale and retail trade : Change of 1,000 workers ( decreased by 9.43 %).
• Other services (except public administration) : Change of 600 workers ( decreased by 22.22 %).
• Construction : Change of 500 workers ( increased by 8.2 %).
• Manufacturing : Change of 500 workers ( decreased by 7.58 %).
• Educational services : Change of 500 workers ( decreased by 7.46 %).

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 2,100 workers ( decreased by 17.95 %).
• Forestry, fishing, mining, quarrying, oil and gas : Change of 1,900 workers ( decreased by 100 %).
• Public administration : Change of 1,600 workers ( decreased by 36.36 %).
• Other services (except public administration) : Change of 1,400 workers ( decreased by 40 %).
• Information, culture and recreation : Change of 1,400 workers ( decreased by 42.42 %).

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