The total hours worked in Canada's employment services are projected to experience a gradual increase from 2024 to 2028. As of 2023, hours worked stood at approximately 300 million, and projections indicate progressive growth reaching 314.34 million hours by 2028. Year-on-year, this represents percentage changes of approximately 0.92%, 0.89%, 0.87%, and 0.84% respectively. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at around 0.89%, suggesting a stable upward trend in employment service demand over these years.
Future trends to watch include potential impacts of economic shifts, technology integration, and policy changes affecting the labor market. Increasing automation and remote work options could further influence employment patterns, potentially affecting hours worked in the sector.
