Forecast: Employment in Mining and Quarrying Sector in Canada

In 2023, employment in Canada's mining and quarrying sector was approximately 226.45 thousand persons. Forecasts for 2024 to 2028 show a steady decline, with employment decreasing from 225.05 to 219.49 thousand persons. The year-on-year variation indicates a continuous decrease in workforce numbers, with the compound annual growth rate (CAGR) over the five-year period revealing an average annual reduction in employment. This trend signals an ongoing contraction in the sector.

Future trends to watch for include:

  • Technological advancements potentially further reducing workforce needs.
  • Policy changes or economic factors possibly impacting sector growth and employment.
  • Increased focus on sustainability influencing mining operations and labor requirements.

Top Countries about Mining And Quarrying