Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 4,000 jobs from last month and increased by 46,900 jobs compared to the same month last year.

Part-time Employment decreased by 700 jobs from last month and decreased by 11,100 jobs year-over-year.

The number of Unemployed individuals increased by 6,100 people from the previous month and increased by 6,200 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 increased by 0.3 percentage points from a year ago.

The Participation Rate increased by 1.3 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels decreased by 4,700 jobs from the previous month and increased by 35,800 jobs compared to the same month last year.

In the most recent month, employment decreased by 4,700 jobs. Over the last year, the labor market has increased by 35,800 jobs.

Top 3 Industries in Goods Sector

• Construction: 90,800 workers.
• Manufacturing: 49,800 workers.
• Forestry, fishing, mining, quarrying, oil and gas: 30,000 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, Forestry, fishing, mining, quarrying, oil and gas, which together account for 93.9% of the sector's workforce.

Top 3 Industries in Services Sector

• Health care and social assistance: 145,700 workers.
• Wholesale and retail trade: 136,300 workers.
• Professional, scientific and technical services: 70,500 workers.

In the Services sector, Health care and social assistance, Wholesale and retail trade, Professional, scientific and technical services lead employment, representing 49% of the sector's workforce.

Top 5 Industries by Change from Previous Month

• Professional, scientific and technical services: Change of 3,400 workers (decreased by 4.6%).
• Information, culture and recreation: Change of 2,600 workers (decreased by 7.81%).
• Business, building and other support services: Change of 2,500 workers (decreased by 10.33%).
• Manufacturing: Change of 2,300 workers (increased by 4.84%).
• Transportation and warehousing: Change of 2,200 workers (increased by 4.44%).

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 29,700 workers (increased by 25.6%).
• Construction: Change of 12,200 workers (decreased by 11.84%).
• Public administration: Change of 9,100 workers (increased by 15.8%).
• Educational services: Change of 8,500 workers (increased by 15.26%).
• Business, building and other support services: Change of 8,200 workers (decreased by 27.42%).

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.