The employment forecast in Canada's agriculture, forestry, and seafood sectors shows a steady increase from 2024 to 2028. The number of jobs is expected to rise from 235.46 thousand in 2024 to 242.08 thousand by 2028. This marks a consistent growth trend as the sectors adapt and evolve.
Key points to observe:
- 2024-2025 sees a 0.73% increase in employment.
- 2025-2026 anticipates a 0.70% rise.
- 2026-2027 and 2027-2028 forecasted growth rates are 0.69% each.
- Over the forecasted period, the Compound Annual Growth Rate (CAGR) is approximately 0.71%.
Future trends to watch for include technological advancements in agritech and sustainable practices, which may further drive productivity and employment. Government policies aimed at supporting these industries might also lead to new opportunities and growth within these sectors.
