Forecast: Number of Employees in Air and Spacecraft and Related Machinery in Canada

The number of employees in the air and spacecraft, as well as related machinery sector in Canada, is expected to grow steadily from 2024 to 2028. The data shows a consistent year-on-year increase in employment, with a growth rate approximately around 1.5% annually. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be around 1.65%. These trends illustrate a stable expansion of the workforce in this sector.

Future trends to watch for include:

  • Technological advancements requiring specialized skills which may affect the workforce demand.
  • Global market conditions impacting exports and thereby influencing job growth in the sector.
  • Government policies and investments in aerospace innovation and sustainability initiatives.

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