Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 1,081 jobs from last month and decreased by 14,835 jobs compared to the same month last year.

Part-time Employment increased by 1,755 jobs from last month and increased by 14,170 jobs year-over-year.

The number of Unemployed individuals decreased by 466 people from the previous month and decreased by 388 people compared to last year.

Employment, Unemployment, and Participation Rate

The Employment Rate decreased by 0.9 percentage points from a year ago.

The Unemployment Rate decreased by 0.1 percentage points from a year ago.

The Participation Rate decreased by 1 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 674 jobs from the previous month and decreased by 787 jobs compared to the same month last year.

In the most recent month, employment increased by 674 jobs. Over the last year, the labor market has decreased by 787 jobs.

Top 3 Industries in Goods Sector

• Construction: 25,560 workers.
• Forestry, fishing, mining, quarrying, oil and gas: 22,949 workers.
• Manufacturing: 15,566 workers.

The Goods sector is mainly driven by industries such as Construction, Forestry, fishing, mining, quarrying, oil and gas, Manufacturing, which together account for 90.2% of the sector's workforce.

Top 3 Industries in Services Sector

• Health care and social assistance: 35,058 workers.
• Wholesale and retail trade: 33,825 workers.
• Accommodation and food services: 21,451 workers.

In the Services sector, Health care and social assistance, Wholesale and retail trade, Accommodation and food services lead employment, representing 49.7% of the sector's workforce.

Top 5 Industries by Change from Previous Month

• Forestry, fishing, mining, quarrying, oil and gas: Change of 3,060 workers (decreased by 11.77%).
• Health care and social assistance: Change of 2,483 workers (increased by 7.62%).
• Other services (except public administration): Change of 1,761 workers (increased by 15.27%).
• Information, culture and recreation: Change of 1,515 workers (increased by 24.78%).
• Construction: Change of 1,392 workers (decreased by 5.16%).

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

Top 5 Industries by Change from Same Month Last Year

• Accommodation and food services: Change of 5,693 workers (increased by 36.13%).
• Manufacturing: Change of 4,676 workers (decreased by 23.1%).
• Forestry, fishing, mining, quarrying, oil and gas: Change of 4,315 workers (decreased by 15.83%).
• Business, building and other support services: Change of 3,185 workers (increased by 57.04%).
• Construction: Change of 2,502 workers (increased by 10.85%).

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