The forecasted data for the number of employees in the fabricated metal products sector in Canada shows a consistent, albeit slight, year-on-year growth from 2024 to 2028. Specifically, the sector is expected to see an increase from 164.23 thousand jobs in 2024 to 165.49 thousand jobs in 2028. This translates to a yearly growth rate of approximately 0.19%, signifying a stable yet modest upward trend in employment within the sector.
Looking into the future, it will be crucial to monitor factors such as technological advancements, global economic conditions, and domestic demand for fabricated metal products. These elements could significantly influence employment trends in the sector, potentially accelerating growth or introducing challenges.