The forecasted total hours worked in the Electricity, Gas, Steam and Air Conditioning Supply sector in Canada indicates a modest declining trend from 201.67 million hours in 2024 to 201.06 million hours in 2028. The year-on-year percentage variations show a gradual decline of approximately 0.08% annually. In 2023, actual hours worked were slightly higher than projections for the upcoming years. The compound annual growth rate (CAGR) over the five years to 2028 illustrates a steady negative trend.

Future trends to monitor include:

Technological advancements in energy efficiency which may reduce labor demand.
Shifts towards renewable energy sources potentially altering workforce requirements.
Regulatory and environmental policy changes impacting sector labor dynamics.