Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 400 jobs from last month and decreased by 900 jobs compared to the same month last year.

Part-time Employment increased by 700 jobs from last month and decreased by 1,000 jobs year-over-year.

The number of Unemployed individuals decreased by 300 from the previous month and decreased by 200 compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 4.1 percentage points year-over-year.

The Unemployment Rate decreased by 0.2 percentage points from a year ago.

The Participation Rate decreased by 4.5 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 400 jobs in the most recent month and decreased by 1,800 jobs compared to the same month last year.

In the most recent month, there was a net increased by 400 jobs. Over the last year, the labor market has seen a net decreased by 1,800 jobs in total.

Top 3 Industries in Goods Sector

• Forestry, fishing, mining, quarrying, oil and gas : 6,600 workers.
• Construction : 5,100 workers.
• Agriculture : 0 workers.
• Utilities : 0 workers.
• Manufacturing : 0 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

• Wholesale and retail trade : 4,600 workers.
• Health care and social assistance : 3,300 workers.
• Transportation and warehousing : 2,300 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

• Educational services : Change of 1,800 workers ( increased by Inf %).
• Construction : Change of 200 workers ( increased by 4.08 %).
• Transportation and warehousing : Change of 200 workers ( increased by 9.52 %).
• Health care and social assistance : Change of 200 workers ( decreased by 5.71 %).
• Public administration : Change of 200 workers ( decreased by 11.76 %).

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

Top 5 Industries by Change from Same Month Last Year

• Finance, insurance, real estate, rental and leasing : Change of 2,000 workers ( increased by Inf %).
• Public administration : Change of 1,500 workers ( increased by Inf %).
• Manufacturing : Change of 1,500 workers ( decreased by 100 %).
• Construction : Change of 1,400 workers ( increased by 37.84 %).
• Transportation and warehousing : Change of 1,200 workers ( decreased by 34.29 %).
• Wholesale and retail trade : Change of 1,200 workers ( decreased by 20.69 %).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

Conclusion

Employment has seen a decline over the year, highlighting some challenges in the job market. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Transportation and warehousing, Health care and social assistance.