In examining the employment in the Canadian retail sector (excluding motor vehicles and motorcycles), the forecasted data from 2024 to 2028 suggests a relatively stable trend with a slight decrease from 2.62 billion hours in 2024 and 2025 to 2.6 billion hours by 2028. This forecast indicates minimal year-over-year volatility with a mild contraction over the five years.
Future trends to watch for include:
- Increased adoption of e-commerce could impact employment, especially in brick-and-mortar settings.
- Technological advancements like AI and automation might reshape job roles in retail, potentially altering employment demands.
- Economic factors such as inflation or consumer spending shifts could also influence sector employment.
