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For the 2022-2024 forecast period, employment growth in the construction industry is expected to slow to 1.5 percent, which is slightly lower than all industries (+1.8 percent). On the one hand, the potential for growth is limited by the fact that employment is at record levels in 2021; on the other hand, construction demand will also be ...
Construction managers mainly work in the following sectors: Construction (NAICS 23): 79%. Architectural, engineering and design services (NAICS 5413): 7%. 73% of construction managers work all year, while 27% work only part of the year, compared to 56% and 43% respectively among all occupations.
The employment outlook will be good for Construction managers (NOC 70010) in Ontario for the 2023-2025 period. The following factors contributed to this outlook: Employment growth will lead to a moderate number of new positions.
Construction employment is expected to trend up to 2027 before generally cycling down to the end of the forecast period. Finally, Southwestern Ontario’ s construction sector is in a period of transition.
BuildForce Canada uses a scenario-based forecasting system to assess future construction labour requirements in the heavy industrial, residential, and non- residential construction markets. This labour market information (LMI) system tracks 34 trades and occupations.
Overall, construction employment is expected to rise by 64,900 workers (+6%) between 2020 and 2030. Although the outlook shows slower growth over the long term, all provinces will continue to grapple with an aging labour force and the need to replace almost 259,100 workers, or 22% of the current labour force, expected to retire over the next ...
Employment in the construction industry increased by 3.7% in 2021. Employment is expected to grow moderately over the 2022-2024 forecast period, supported by residential and non-residential building activity across the province.
