As of 2023, the sector of Public Administration and Defence, Compulsory Social Security in Canada employed approximately 1.26 million individuals. Forecasts indicate a gradual increase, with employee figures expected to rise to 1.27 million in 2024 and consistently growing up to 1.32 million by 2028. This reflects a CAGR of approximately 0.93% over the five-year period. Annual growth rates remain steady at around 0.78% to 1.55% year-on-year, signifying stable expansion within the sector.
Future trends to watch for in this sector include the impact of technological advancements on job roles, potential policy changes affecting employment, and demographic shifts necessitating adjustments in workforce size and composition.
