October 26, 2018
Manitoba Labour Market Outlook Projects Consistent Job Growth
The Manitoba Labour Market Outlook Report for 2018–2024predicts consistent job growth in the province, Growth, Enterprise and Minister Trade Blaine Pedersen announced today.
“This report shows Manitoba’s labour market is balanced, with the overall labour supply approximately equal to labour market demand,” said Pedersen. “A total of 168,700 job openings are expected to be created between 2018 and 2024, with unemployment projected to decline slightly over the next five years.”
Pedersen noted the outlook report uses up-to-date trends to inform students, parents, teachers and guidance counsellors, and support career planning. The information includes occupation-specific analysis of future demand, an estimate of the number of future job openings and information on the ability of businesses to meet current labour demand, he said.
“The information in this report can help employers to plan ahead and determine the workplace skills they will need to grow their business,” said Pedersen. “It also helps job seekers identify in-demand sectors in our economy to help inform their career decisions.”
Some of the report’s key findings include:
- The report forecasts approximately 24,100 total job openings per year.
- Occupations in sales and service, business, finance and administration, education, law, social services, community and government services are expected to see the most openings, for a combined total of 83,300 jobs.
- Sixty per cent of future job openings will require some post-secondary education and training.
- Overall, Manitoba’s labour market is expected to remain balanced over the next seven years, with labour supply adequate to meet demand.
More information and a copy of The Manitoba Labour Market Outlook Report for 2018–2024, can be found at www.manitoba.ca/lmi.
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