Workforce Monthly Insights

Key Insights

  • Employment increased by 200 jobs from the previous month and increased by 9,400 jobs compared to the same month last year.
  • Full-time Employment decreased by 300 jobs from the previous month and increased by 6,600 jobs year-over-year.
  • Part-time Employment increased by 500 jobs from the previous month and increased by 2,900 jobs year-over-year.
  • Unemployment decreased by 500 people from the previous month and increased by 1,400 compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 300 jobs from last month and increased by 6,600 jobs compared to the same month last year.

Part-time Employment increased by 500 jobs from last month and increased by 2,900 jobs year-over-year.

The number of Unemployed individuals decreased by 500 from the previous month and increased by 1,400 compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 4.2 percentage points year-over-year.

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

The Participation Rate increased by 5 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 200 jobs in the most recent month and increased by 9,400 jobs compared to the same month last year.

In the most recent month, there was a net increased by 200 jobs. Over the last year, the labor market has seen a net increased by 9,400 jobs in total.

Top 3 Industries in Goods Sector

  • Construction : 12,100 workers.
  • Forestry, fishing, mining, quarrying, oil and gas : 10,400 workers.
  • Agriculture : 9,000 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 : 15,800 workers.
  • Wholesale and retail trade : 12,300 workers.
  • Public administration : 6,300 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

  • Utilities : Change of 1,800 workers ( decreased by 100 %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 1,500 workers ( increased by 16.85 %).
  • Construction : Change of 1,400 workers ( decreased by 10.37 %).
  • Educational services : Change of 800 workers ( increased by 24.24 %).
  • Agriculture : Change of 700 workers ( increased by 8.43 %).
  • Information, culture and recreation : Change of 700 workers ( decreased by 21.88 %).

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

Top 5 Industries by Change from Same Month Last Year

  • Professional, scientific and technical services : Change of 5,900 workers ( increased by Inf %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 4,200 workers ( increased by 67.74 %).
  • Wholesale and retail trade : Change of 4,000 workers ( decreased by 24.54 %).
  • Agriculture : Change of 3,300 workers ( decreased by 26.83 %).
  • Public administration : Change of 3,100 workers ( increased by 96.88 %).

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: Agriculture, Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Health care and social assistance.