The employment forecast for the Canadian wholesale sector, excluding motor vehicles and motorcycles, shows a steady increase from 1.47 billion hours in 2024 to 1.49 billion hours by 2028. The stable year-on-year growth of approximately 0.68% between 2024 and 2025, with similar growth expected through 2028, suggests a mature sector facing moderate labor demand increases. In 2023, the sector recorded employment figures of 1.46 billion hours.
Future trends to watch:
- Technological advancements in logistics and supply chains could impact labor dynamics by enhancing efficiency and requiring new skill sets.
- Regulatory changes or shifts in trade policies, impacting wholesale trade patterns and employment levels within the sector.
- Continued emphasis on sustainability, prompting changes in operational modes and labor needs in wholesale sectors.