The recreational activities sector in Canada has experienced fluctuating employment trends over the past decade. Employment grew steadily from 112.65 thousand jobs in 2013 to 131.51 thousand jobs in 2019, showing a reasonable annual increase. However, the sector faced a significant setback in 2020 with a 32.8% decrease due to the impacts of the COVID-19 pandemic. Recovery began in 2021, and by 2022, employment nearly regained pre-pandemic levels, although it experienced a slight drop in 2023 with 118.07 thousand jobs.
Key Variations:
- 2023: -1.22% YoY
- 2024: Projected to stabilize around 118.09 thousand jobs
- Forecast 5-year CAGR (2024-2028): 0.01%
Future trends to watch for:
- After recovery from pandemic impacts, employment is expected to stabilize with minimal growth through 2028.
- Potential influences include evolving consumer preferences, technological advancements in recreational activities, and policy changes affecting the sector.