The employment in the Healthcare and Social Work Activities sector in Canada is forecasted to grow steadily from 2024 to 2028, with the value increasing from 3.85 to 4.09 billion hours. This represents a cumulative growth across the period. In 2023, this sector recorded 3.79 billion hours. The year-on-year variations from 2024 to 2028 show consistent growth around 1.56% on average annually, marking a CAGR of approximately 1.56% over the analyzed period.
Future trends to watch for include the impact of technological advancements, such as AI integration in healthcare, shifts in population demographics, particularly aging populations that will increase demand for healthcare services, and potential changes in government policies regarding healthcare funding and social work support. Monitoring these elements is crucial for future workforce planning and strategic investments in the sector.
