Forecast: Number of Persons Employed in Warehousing and Support Activities for Transportation in Canada

The employment forecast in Canada's warehousing and support activities for transportation is on an upward trajectory, projecting a steady increase from 2024 to 2028. In 2023, actual employment stood at a baseline, from which 2024 figures predict a rise to 261.46 thousand jobs. Each subsequent year sees a growth of approximately 5-6 thousand jobs, culminating in 283.7 thousand by 2028. This indicates a consistent year-on-year increase of roughly 2% annually. Over five years, the compound annual growth rate (CAGR) reflects a stable expansion of the workforce in this sector.

Future trends to monitor include technological advancements in logistics and the impact of e-commerce demand, which could potentially accelerate employment growth. Additionally, policy changes and infrastructure developments in Canada could further influence this trend positively or negatively.

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