Workforce Monthly Insights

Key Insights

  • Employment increased by 200 jobs from the previous month and increased by 8,100 jobs compared to the same month last year.
  • Full-time Employment decreased by 500 jobs from the previous month and increased by 2,300 jobs year-over-year.
  • Part-time Employment increased by 700 jobs from the previous month and increased by 5,800 jobs year-over-year.
  • Unemployment increased by 1,000 people from the previous month and increased by 2,700 compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 500 jobs from last month and increased by 2,300 jobs compared to the same month last year.

Part-time Employment increased by 700 jobs from last month and increased by 5,800 jobs year-over-year.

The number of Unemployed individuals increased by 1,000 from the previous month and increased by 2,700 compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 3.4 percentage points year-over-year.

The Unemployment Rate increased by 2 percentage points from a year ago.

The Participation Rate increased by 4.8 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 8,100 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 8,100 jobs in total.

Top 3 Industries in Goods Sector

  • Agriculture : 10,100 workers.
  • Forestry, fishing, mining, quarrying, oil and gas : 9,900 workers.
  • Construction : 9,600 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 : 15,600 workers.
  • Wholesale and retail trade : 12,000 workers.
  • Professional, scientific and technical services : 7,500 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

  • Construction : Change of 1,500 workers ( decreased by 13.51 %).
  • Professional, scientific and technical services : Change of 1,000 workers ( increased by 15.38 %).
  • Agriculture : Change of 800 workers ( increased by 8.6 %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 600 workers ( decreased by 5.71 %).
  • Accommodation and food services : Change of 600 workers ( increased by 17.65 %).

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

Top 5 Industries by Change from Same Month Last Year

  • Business, building and other support services : Change of 4,800 workers ( increased by Inf %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 4,500 workers ( increased by 83.33 %).
  • Professional, scientific and technical services : Change of 3,700 workers ( increased by 97.37 %).
  • Wholesale and retail trade : Change of 3,100 workers ( decreased by 20.53 %).
  • Agriculture : Change of 3,000 workers ( decreased by 22.9 %).

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.