Labour Market Information Monthly

Transcription

1 percent KEY LABOUR FORCE STATISTICS FOR NEW BRUNSWICK New Brunswick Year-to-Date December 2015 November 2015 December 2014 Labour Force 390, , , ,200 Employed 351, , , ,200 Unemployed 38,400 34,500 33,400 39,000 Unemployment Rate 9.8% 8.9% 8.7% 10.0% Participation Rate 62.7% 62.3% 62.0% 62.8% Employment Rate 56.6% 56.7% 56.7% 56.5% CANADA COMPARED TO NEW BRUNSWICK In December, Canada's unemployment rate was 7.1 per cent, unchanged over last month but 0.4 of a percentage point higher than the same month last year. New Brunswick's rate of 8.9 per cent was 0.2 of a percentage point higher then last month but was 1.1 of a percentage point lower when compared to the same month last year. UNEMPLOYMENT RATES IN NEW BRUNSWICK AND CANADA Canada New Brunswick Page 1

2 000's percentage point CANADA COMPARED TO NEW BRUNSWICK (continued) DIFFERENCE IN UNEMPLOYMENT RATES IN NEW BRUNSWICK AND CANADA The gap between the national and provincial rates was 1.8 percentage points in December THE NEW BRUNSWICK LABOUR FORCE New Brunswick s labour force was 387,200 in December. This was an increase of 1,400 over the previous month, but was a decrease of 3,000 over the same month last year. Page 2

3 000's 000's EMPLOYMENT IN NEW BRUNSWICK There were 352,800 people working in December. This was an increase of 300 over the previous month and was an increase of 1,600 over the same month last year. UNEMPLOYMENT IN NEW BRUNSWICK There were 34,500 people unemployed and seeking work in December. This was 1,100 more than the previous month but was 4,500 less than the same month last year. Page 3

4 % THE UNEMPLOYMENT RATE IN NEW BRUNSWICK New Brunswick s unemployment rate of 8.9 per cent in December was 0.2 of a percentage point higher than the previous month but was 1.1 of a percentage point lower than the same month last year. THE ECONOMIC REGIONS Statistics Canada reports labour force statistics for the economic regions as three month moving averages of actual (not seasonally adjusted) data. Economic Regions December 2015 Northeast Southeast Southwest Central Northwest Labour Force 71, ,500 90,500 71,900 40,400 Employment 61, ,700 82,700 65,900 36,500 Unemployment 10,900 9,800 7,800 6,100 3,900 Unemployment Rate 15.2% 8.5% 8.6% 8.5% 9.7% Participation Rate 55.7% 65.4% 63.6% 65.4% 63.1% Economic Regions Employment Year-to-Date December 2015 December 2014 Unemployment Rate Employment Unemployment Rate Employment Unemployment Rate Northeast 60, % 61, % 59, % Southeast 106, % 105, % 104, % Southwest 83, % 82, % 84, % Central 65, % 65, % 65, % Northwest 36, % 36, % 35, % On a year-over-year basis (December 2015 compared to December 2014), employment increased in the Northeast (+1,500) ; Southeast (+900); Northwest (+700) and Central (+300) economic regions while it decreased in the Southwest (-1,600) economic region. Page 4

5 THE INDUSTRY REPORT January 2016 Labour Force Survey Release for December ,000 Total employed 357, , , ,000 Total employed peaked in March 2014 at 358,900; since then, employment has decreased by 1.7 per cent, a net loss of 6,100 jobs to the overall economy. As of December 2015, there were 352,800 people employed in New Brunswick. 347, ,000 Goods-producing sectors 82,000 80,000 78,000 76,000 74,000 72,000 70,000 68,000 66,000 Employment in the goods-producing sectors* peaked in February 2014 at 79,700; since then, employment has declined by 4.8 per cent, a net loss of 3,800 jobs to these sectors. As of December 2015, there were 75,900 people employed in these sectors. * The goods-producing sectors in the LFS include all North American Industry Classification System (NAICS) sectors from For more information go to: subjects-sujets/standard-norme/special/labour2007-travail2007/lfs-epa-07code-eng.htm 285, , , , , , , , ,000 Services-producing sectors Employment in the services-producing sectors** bottomed out in October of 2014 at 274,500; since then, employment has increased by 0.9 per cent, a net increase of 2,400 jobs to these sectors. As of December 2015, there were 276,900 people employed in these sectors. ** The services-producing sectors include all North American Industry Classification System (NAICS) sectors from Page 5

6 THE INDUSTRY REPORT (continued) The five sectors registering the largest employment growth are: 5,500 5,000 Agriculture Agriculture Current employment level (as of December 2015): 4,400 Record employment level (July 2005): 8,300 Employment in the Agriculture sector bottomed out in May 2014 at 3,200; since then, employment has grown by 37.5 per cent, adding 1,200 net new jobs to the sector. 4,500 4,000 3,500 3,000 Transportation and warehousing Current employment level (as of December 2015): 20,500 Record employment level (June 2005): 22,400 Employment in the Transportation and warehousing sector bottomed out in August 2014 at 15,100; since then, employment has grown by 35.8 per cent, adding 5,400 net new jobs to the sector. 22,000 21,000 20,000 18,000 17,000 16,000 15,000 Transportation and warehousing Public administration Current employment level (as of December 2015): 24,200 Record employment level (May 2009): 27,200 Employment in the Public administration sector bottomed out in March 2014 at 21,300; since then, employment has grown by 13.6 per cent, adding 2,900 net new jobs to the sector. 25,000 24,500 24,000 23,500 23,000 22,500 22,000 21,500 21,000 Public administration Page 6

7 THE INDUSTRY REPORT (continued) 12,500 12,000 11,500 11,000 10,500 10,000 9,500 9,000 Information, culture and recreation Information, culture and recreation Current employment level (as of December 2015): 11,800 Record employment level (September 1999): 15,300 Employment in the Information, culture and recreation sector bottomed out in September 2014 at 10,400; since then, employment has grown by 13.5 per cent, adding 1,400 net new jobs to the sector. 33,000 Manufacturing 31,500 30,000 28,500 27,000 25,500 24,000 Manufacturing Current employment level (as of December 2015): 30,000 Record employment level (January 2004): 43,200 Employment in the Manufacturing sector bottomed out in May 2014 at 26,600; since then, employment has grown by 12.8 per cent, adding 3,400 net new jobs to the sector. Page 7

8 THE INDUSTRY REPORT (continued) The five sectors registering the largest employment losses are: Professional, scientific and technical services Current employment level (as of December 2015): 14,600 Record employment level (September 2014): 18,600 The most recent peak in employment in the Professional, scientific and technical services sector was in September 2014, at 18,600; since then, employment has declined by 21.5 per cent, recording a net loss of 4,000 jobs from this sector. 18,000 17,000 16,000 15,000 12,000 Professional, scientific and technical services Business, building and other support services Current employment level (as of December 2015): 17,800 Record employment level (January 2006): 22,800 The most recent peak in employment in the Business, building and other support services sector was in February 2015, at 21,600; since then, employment has declined by 17.6 per cent, recording a net loss of 3,800 jobs from this sector. 22,000 21,000 20,000 18,000 17,000 16,000 15,000 Business, building and other support services Forestry, fishing, mining, oil and gas Forestry, fishing, mining, oil and gas Current employment level (as of December 2015): 11,200 Record employment level (December 1994): 14,600 The most recent peak in employment in the Forestry, fishing, mining, oil and gas sector was in April 2014, at 13,400; since then, employment has declined by 16.4 per cent, recording a net loss of 2,200 jobs from this sector. 12,000 11,000 10,000 9,000 8,000 Page 8

9 THE INDUSTRY REPORT (continued) 33,000 31,000 29,000 27,000 25,000 23,000 21,000 Construction Construction Current employment level (as of December 2015): 26,600 Record employment level (February 2011): 32,400 The most recent peak in employment in the Construction sector was in February 2014, at 31,800; since then, employment has declined by 16.4 per cent, recording a net loss of 5,200 jobs from this sector. Other services 18,000 17,000 16,000 15,000 Other services Current employment level (as of December 2015): 15,000 Record employment level (March 1999): 19,800 The most recent peak in employment in the Other services sector was in March 2014, at 17,700; since then, employment has declined by 15.3 per cent, recording a net loss of 2,700 jobs from this sector. Sources: Statistics Canada Labour Force Survey Produced by the Strategic Services Branch (SSB) of the Department of Post-Secondary Education, Training and Labour P.O. Box 6000, 470 York Street, Fredericton, New Brunswick E3B 5H1 Telephone: Fax: lmi@gnb.ca Page 9