In 2023, the Programming and Broadcasting Activities sector in Canada employed approximately 29.04 thousand individuals. The sector is anticipated to see a slight but consistent decline in employment from 2024 to 2028. In 2024, the number of jobs is forecasted to be 29.02 thousand, reducing marginally each year to 28.89 thousand by 2028.
The year-on-year percentage variations indicate a decrease pattern:
- 2024: -0.07%
- 2025: -0.14%
- 2026: -0.14%
- 2027: -0.10%
- 2028: -0.07%
Across the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately -0.10%, reflecting continuous minor attrition in employment within the sector.
Future trends to watch for include technological advancements in broadcasting and programming, increased automation, and potential shifts toward digital content delivery, which could impact employment figures. Regulatory changes and market consolidation are also factors that could influence trends in this sector.