Forecast: Employment in Agriculture, Forestry and Seafood Sector in Canada

The employment in Canada's Agriculture, Forestry, and Seafood sector is projected to gradually decline from 2024 to 2028, with an estimated decrease from 365.94 thousand persons in 2024 to 358.04 thousand in 2028. The year-on-year variation shows a steady negative trend, indicative of a small but consistent annual decrease in employment figures. With 2023 being the reference point, the compound annual growth rate (CAGR) over the five-year period underscores a slow but consistent decline in employment within this sector.

Future trends to watch for include technological advancements like automation that could impact labor demand, as well as policy shifts towards sustainability that may alter employment dynamics. Additionally, global market changes impacting commodity prices and demand could further influence employment levels in this sector.

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