Future of Work
A curated resource of recent research on trends shaping Canada's labor market.
This report presents a comprehensive analysis of the historical and future trends for all 42 industries defined in the Canadian Occupational Projection System (COPS). It includes analysis of challenges and opportunities, such as the impacts of new technologies, and a 10-year outlook for real GDP, employment and productivity.
The report covers occupational outcomes over the past ten years (2007-2016) and discusses the COPS projections for the next 10 years (2017-2026). Canada’s employment growth rate declined sharply over 2007-2016, largely induced by rapid adoption of technology and lower demand for commodities following the economic downturn between 2006 and 2009. Although the employment growth rates of most industries are still declining, the rate of decline is slowing compared to the 2007-16 rates. It can also be observed that industries requiring low-wage workers such as food and accommodation services will face difficulties in attracting workers as they will have to compete with other higher-wage industries.
Further, there is a declining growth rate of labour supply which is causing a tightening in the labour market (demand greater than supply) in low-wage sectors. This will likely create challenges for these industries when competing with other employers to attract workers. As a result, these sectors will face additional pressure to increase their productivity level by implementing, for example, new labour-saving technologies.