Workforce Composition by Status

In the most recent month, Full-time Employment increased by 500 jobs from last month and increased by 50,500 jobs compared to the same month last year.

Part-time Employment increased by 1,000 jobs from last month and decreased by 4,900 jobs year-over-year.

The number of Unemployed individuals decreased by 2,700 people from the previous month and decreased by 4,500 people compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 1.6 percentage points from a year ago.

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

The Participation Rate increased by 1.1 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 1,500 jobs from the previous month and increased by 45,600 jobs compared to the same month last year.

In the most recent month, employment increased by 1,500 jobs. Over the last year, the labor market has increased by 45,600 jobs.

Top 3 Industries in Goods Sector

• Construction: 92,900 workers.
• Manufacturing: 49,600 workers.
• Forestry, fishing, mining, quarrying, oil and gas: 31,500 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, Forestry, fishing, mining, quarrying, oil and gas, which together account for 93.2% of the sector's workforce.

Top 3 Industries in Services Sector

• Health care and social assistance: 144,700 workers.
• Wholesale and retail trade: 129,900 workers.
• Professional, scientific and technical services: 80,200 workers.

In the Services sector, Health care and social assistance, Wholesale and retail trade, Professional, scientific and technical services lead employment, representing 48.7% of the sector's workforce.

Top 5 Industries by Change from Previous Month

• Wholesale and retail trade: Change of 4,600 workers (increased by 3.67%).
• Educational services: Change of 3,400 workers (decreased by 4.98%).
• Transportation and warehousing: Change of 3,300 workers (increased by 8.27%).
• Forestry, fishing, mining, quarrying, oil and gas: Change of 2,800 workers (increased by 9.76%).
• Construction: Change of 2,700 workers (decreased by 2.82%).

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 22,300 workers (increased by 18.22%).
• Public administration: Change of 11,300 workers (increased by 20.43%).
• Transportation and warehousing: Change of 9,100 workers (decreased by 17.4%).
• Forestry, fishing, mining, quarrying, oil and gas: Change of 8,600 workers (increased by 37.55%).
• Wholesale and retail trade: Change of 6,300 workers (decreased by 4.63%).

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.