The forecast for total hours worked in Canada's crop and animal production, hunting, and related service activities indicates a consistent decline from 2024 through 2028, starting at 583.23 million hours in 2024 and decreasing to 559.34 million hours in 2028. In 2023, the industry recorded 589.30 million hours, marking the beginning of this downward trend.
The year-on-year percentage variations highlight a gradual reduction, with an average CAGR over the five-year period suggesting a modest annual decline. This trend could be attributed to factors such as enhanced efficiency, technological advancements in agriculture, or shifting labor markets.
Future trends to watch for include technological integration in agriculture, the impact of climate change on labor hours, and potential policy changes affecting labor supply. Monitoring these factors could provide insights into workforce needs and further efficiency improvements in the industry.
