The forecast for employment in the Coke and Refined Petroleum Products sector in Canada indicates a gradual decline from 7.15 jobs in 2024 to 7.05 jobs in 2028. This downward trend reflects a slight decrease in workforce year-on-year. The sector saw reductions of approximately 0.42% from 2024 to 2025, 0.28% from 2025 to 2026, 0.42% from 2026 to 2027, and 0.28% from 2027 to 2028. The compound annual growth rate (CAGR) over these years suggests an average annual decline.
Future trends to watch for include:
- Technological advancements impacting workforce needs.
- Regulatory changes influencing production and employment.
- Shifts in global and domestic demand for refined petroleum products.
- Environmental and sustainability pressures altering industry dynamics.
