In 2023, the number of self-employed individuals in the agricultural products and livestock sector of Canada stood at approximately 114.71 thousand jobs. The forecast for 2024 indicates a slight decrease to about 113.11 thousand jobs. By 2028, this figure is expected to further decline to 107.53 thousand jobs. The yearly average decline or CAGR over this five-year period is approximately 1.59%.
Future trends to watch for include:
- A continued decline in self-employment in the sector, possibly driven by increasing operational costs and technological advancements reducing the need for manual labor.
- Potential shifts in agricultural policies or market demands that could impact employment dynamics.
- The role of climate change, which may influence crop yields and livestock management, potentially altering workforce requirements.
