Workforce Composition by Status

In the most recent month, Full-time Employment increased by 1,000 jobs from last month and increased by 13,900 jobs compared to the same month last year.

Part-time Employment increased by 1,300 jobs from last month and decreased by 3,100 jobs year-over-year.

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

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 4.6 percentage points from a year ago.

The Unemployment Rate decreased by 1.6 percentage points from a year ago.

The Participation Rate increased by 3.7 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels increased by 2,300 jobs from the previous month and increased by 10,800 jobs compared to the same month last year.

In the most recent month, employment increased by 2,300 jobs. Over the last year, the labor market has increased by 10,800 jobs.

Top 3 Industries in Goods Sector

• Construction: 13,000 workers.
• Forestry, fishing, mining, quarrying, oil and gas: 11,700 workers.
• Manufacturing: 9,900 workers.

The Goods sector is mainly driven by industries such as Construction, Forestry, fishing, mining, quarrying, oil and gas, Manufacturing, which together account for 82.4% of the sector's workforce.

Top 3 Industries in Services Sector

• Wholesale and retail trade: 19,200 workers.
• Health care and social assistance: 12,900 workers.
• Accommodation and food services: 11,600 workers.

In the Services sector, Wholesale and retail trade, Health care and social assistance, Accommodation and food services lead employment, representing 52.4% of the sector's workforce.

Top 5 Industries by Change from Previous Month

• Accommodation and food services: Change of 2,100 workers (increased by 22.11%).
• Construction: Change of 1,500 workers (increased by 13.04%).
• Educational services: Change of 1,100 workers (increased by 13.41%).
• Forestry, fishing, mining, quarrying, oil and gas: Change of 800 workers (increased by 7.34%).
• Professional, scientific and technical services: Change of 800 workers (decreased by 13.79%).

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 6,100 workers (increased by 110.91%).
• Agriculture: Change of 5,200 workers (increased by Inf%).
• Health care and social assistance: Change of 4,200 workers (decreased by 24.56%).
• Educational services: Change of 3,000 workers (increased by 47.62%).
• Business, building and other support services: Change of 2,700 workers (decreased by 60%).

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

Employment Trends

Total employment in October 2025 was 9,970, showing a minor increase of 10. versus October, employment levels fell by 310, facing headwinds.

Employment Rate Dynamics

The employment rate reached 64.1% in October 2025. This represents a decline of 0.1 percentage points from September (64.2%). Year-over-year, the rate decreased by 3.9 percentage points from 68.0%.

Unemployment Rate Trends

The unemployment rate was 6.5% in October 2025, down 0.8 percentage points from September. Compared to October last year (6.1%), the rate has increased by 0.4 percentage points.

Employment: Regional vs Local Patterns

The weak correlation (0.29) between regional and local employment levels indicates relatively independent employment patterns. This suggests that local employment dynamics are largely independent from regional trends.

Employment Rate: Regional vs Local Patterns

Employment rates show a weak correlation (0.14) between regional and local levels. This suggests distinct local employment rate patterns, suggesting that local labor market conditions operate independently.

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of -0.58 shows a weak relationship. This points to distinct local unemployment dynamics, indicating that local unemployment follows its own distinct pattern.

Sylvan Lake consists of the following communities: Combined Sylvan Lake Areas .