Industrial Changes in Hamilton
The most job losses occurred in the Wholesale and retail trade industry, declining by 5,500 people. This is followed by Transportation and warehousing; and Business, building and other support services, both declining by 2,400 jobs.
Accommodation and food services and Wholesale and retail trade have seen the greatest declines since the start of the pandemic and both declined again in October after months of gains. This is concerning because these are industries with a large share of entry-level jobs, and this occurred before the lockdowns were reinstituted in Hamilton.
The overall service-producing sector saw a decline of 6,700 jobs while the goods-producing sector saw an increase of 4,500 jobs.
The goods-producing sector was led by the Manufacturing, which saw an increase of 4,700 jobs in October. This has been a positive development as Manufacturing has seen all its jobs recovered, and has actually grown by 3,400 jobs since the start of the pandemic