The self-employed workforce in Canada's rubber, plastics, and other non-metallic mineral products manufacturing sector is forecasted to decline from 1.83 thousand jobs in 2024 to 1.55 thousand jobs by 2028, showing a consistent year-on-year decrease of around 3.83%. With a starting point of 1.90 thousand jobs in 2023, the sector is experiencing a contraction, with a five-year CAGR indicating a consistent negative trend.
Future trends to watch for:
- Technological advancements reducing the necessity for self-employed roles.
- Regulatory changes impacting industrial production practices.
- Shift in global supply chains affecting domestic manufacturing dynamics.
