BC releases labour market forecast for next 7 years

January 8, 2015

British Columbia’s government has released a new report that predicts that there will be nearly 1 M job openings between now and 2022. Two-thirds of those openings are expected to be due to the retirement of baby boomers, with the remaining third attributed to economic growth. Four-fifths of the positions will require some form of PSE, and 44% of the jobs will be in skilled trades and technical occupations. The province also suggests that liquid natural gas development could add an additional 100,000 openings to the forecasted figure. The 3 occupation groups with the most expected openings over the next 7 years are projected to be sales and service occupations; business, finance, and administration occupations; and trades, transport, and equipment operators and related occupations. Most openings will occur in the Lower Mainland, while the Northeast, the North Coast and Nechako, and the Lower Mainland/Southwest regions are expected to see growth in demand for workers at rates above the provincial average of 1.2%. BC News Release | The Province | Full Report