Canada is projected to see 8.1 million job openings between 2024 and 2033, with retirements accounting for nearly 70% of new vacancies, according to the latest projections from the federal government.
The Canadian Occupational Projection System (COPS), developed by Employment and Social Development Canada (ESDC), estimates that 5.5 million job openings will result from workforce replacements, while 2.6 million positions will emerge due to economic growth.
The report highlights that “three-quarters of all projected job openings are in occupations that usually require post-secondary education or in management occupations.”