The forecast for Canada's seafood product preparation and packaging salaries and wages shows a steady upward trend from 2024 to 2028. The forecasted figures reveal a compound annual growth rate (CAGR) of approximately 1.52%. In comparison to the last actual data available for 2023, this indicates a consistent rise in the sector's financial commitment towards human resources.
Key points to consider for future trends include:
- Potential impacts of automation and technological advancements in the industry, possibly affecting wage growth.
- Fluctuations in seafood demand due to environmental or economic factors, influencing sector profitability and wage budgets.
