The employment in the audiovisual and broadcasting sector in Canada, measured in million hours, has shown significant variation over the last decade. The sector experienced strong growth from 2013 to 2019, highlighted by peaks like 2016's 16.99%. However, 2020 saw a severe dip of -20.08% due to the COVID-19 pandemic. The recovery fazed through subsequent years, with a notable spike of 32.71% in 2021 and stabilized growth leading to 2023. Forecasted data from 2023 to 2028 predicts consistent growth, with a 5-year CAGR of 1.78%.
Future trends to watch include technological advancements, increased digital media consumption, and potential impacts of regulatory changes. These factors will likely influence further fluctuations in employment within the sector.
