Workforce Composition by Status

In the most recent month, Full-time Employment increased by 9,100 jobs from last month and increased by 46,900 jobs compared to the same month last year.

Part-time Employment decreased by 2,600 jobs from last month and decreased by 12,700 jobs year-over-year.

The number of Unemployed individuals decreased by 2,400 people from the previous month and decreased by 1,700 people compared to last year.

Employment, Unemployment, and Participation Rate

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

The Unemployment Rate decreased by 0.4 percentage points from a year ago.

The Participation Rate increased by 0.8 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 6,500 jobs from the previous month and increased by 34,100 jobs compared to the same month last year.

In the most recent month, employment increased by 6,500 jobs. Over the last year, the labor market has increased by 34,100 jobs.

Top 3 Industries in Goods Sector

• Construction: 103,900 workers.
• Manufacturing: 50,900 workers.
• Forestry, fishing, mining, quarrying, oil and gas: 27,500 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, Forestry, fishing, mining, quarrying, oil and gas, which together account for 94.4% of the sector's workforce.

Top 3 Industries in Services Sector

• Health care and social assistance: 142,900 workers.
• Wholesale and retail trade: 122,700 workers.
• Professional, scientific and technical services: 71,800 workers.

In the Services sector, Health care and social assistance, Wholesale and retail trade, Professional, scientific and technical services lead employment, representing 48.4% of the sector's workforce.

Top 5 Industries by Change from Previous Month

• Construction: Change of 5,800 workers (increased by 5.91%).
• Wholesale and retail trade: Change of 5,500 workers (decreased by 4.29%).
• Public administration: Change of 2,800 workers (decreased by 4.29%).
• Finance, insurance, real estate, rental and leasing: Change of 2,300 workers (increased by 5.05%).
• Manufacturing: Change of 2,100 workers (increased by 4.3%).

These industries saw the largest month-over-month changes, indicating short-term trends.

Top 5 Industries by Change from Same Month Last Year

• Health care and social assistance: Change of 32,800 workers (increased by 29.79%).
• Wholesale and retail trade: Change of 11,500 workers (decreased by 8.57%).
• Business, building and other support services: Change of 9,000 workers (decreased by 30.1%).
• Professional, scientific and technical services: Change of 7,600 workers (increased by 11.84%).
• Educational services: Change of 7,200 workers (increased by 12.81%).

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, Educational services, Health care and social assistance.