Forecast: Employees in Sports Activities, Amusement and Recreation Activities Sector in Canada

Analysis of historical data shows fluctuations in employee numbers from 2013 to 2023. Notable dips occurred in 2020 (-29.64%) and 2023 (-4.48%) due to unforeseen circumstances such as the COVID-19 pandemic. Recovery was seen in 2021 (8.12%) and 2022 (25.96%). For the forecast years, minimal growth is projected with a 5-year CAGR of 0.36%, reflecting a stabilization around 145.1 thousand units by 2028.

Future trends to monitor include the impact of economic recovery post-pandemic, consumer spending in recreational activities, and potential regulatory changes. Technology-driven sports and recreation innovations can also drive demand for specialized skills, affecting employment trends in this sector.