Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 5,400 jobs from last month and increased by 49,100 jobs compared to the same month last year.

Part-time Employment decreased by 1,200 jobs from last month and decreased by 9,300 jobs year-over-year.

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

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 1.3 percentage points from a year ago.

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

The Participation Rate increased by 1.2 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels decreased by 6,700 jobs from the previous month and increased by 39,800 jobs compared to the same month last year.

In the most recent month, employment decreased by 6,700 jobs. Over the last year, the labor market has increased by 39,800 jobs.

Top 3 Industries in Goods Sector

• Construction: 88,200 workers.
• Manufacturing: 45,700 workers.
• Forestry, fishing, mining, quarrying, oil and gas: 31,300 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, Forestry, fishing, mining, quarrying, oil and gas, which together account for 92.8% of the sector's workforce.

Top 3 Industries in Services Sector

• Health care and social assistance: 139,600 workers.
• Wholesale and retail trade: 127,600 workers.
• Professional, scientific and technical services: 76,100 workers.

In the Services sector, Health care and social assistance, Wholesale and retail trade, Professional, scientific and technical services lead employment, representing 48.9% of the sector's workforce.

Top 5 Industries by Change from Previous Month

• Wholesale and retail trade: Change of 4,800 workers (increased by 3.91%).
• Professional, scientific and technical services: Change of 2,900 workers (decreased by 3.67%).
• Transportation and warehousing: Change of 2,800 workers (increased by 6.67%).
• Health care and social assistance: Change of 2,700 workers (decreased by 1.9%).
• Finance, insurance, real estate, rental and leasing: Change of 2,600 workers (decreased by 5.38%).

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 18,900 workers (increased by 15.66%).
• Public administration: Change of 11,600 workers (increased by 21.44%).
• Forestry, fishing, mining, quarrying, oil and gas: Change of 11,100 workers (increased by 54.95%).
• Wholesale and retail trade: Change of 6,800 workers (decreased by 5.06%).
• Transportation and warehousing: Change of 6,500 workers (decreased by 12.67%).

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.