B.C.'s Labour Market Outlook
Find out about projected job openings for the next 10 years to help you make informed decisions about your career.
Overview
Minister's message
The Ministry of Post-Secondary Education and Future Skills is responsible for ensuring that the people of British Columbia have access to the skills and training they need to succeed in the labour market, both today and in the years to come. Anticipating labour market needs requires forecasts like the British Columbia Labour Market Outlook, which synthesizes a wide range of population, employment and industry data to predict trends and help us plan for the future.
This report identifies the areas of growth and opportunity in specific occupations, industries and regions over the next 10 years.
The 2024 edition of the Labour Market Outlook predicts that there will be just over 1.1 million job openings in the 10-year period from 2024 to 2034. This is 122,000 more jobs than we forecast in the 2023 edition of the Outlook, and over 100,000 of these new job openings will be created by a growing economy. We’re estimating that 3.3 million people will be working in B.C. in 2034, up from 2.8 million today.
The more than one million job openings we’re anticipating over the next 10 years are the result of two factors: job vacancies as workers retire and entirely new positions created by economic growth.
These two factors highlight why it’s so crucial to invest in skills training. For many years we’ve seen the importance of post-secondary education for ensuring that individuals have the skills employers need. At least three-quarters of today’s jobs — and those of the next 10 years — will require higher levels of education beyond high school, be that an apprenticeship, a college diploma or a university degree.
Our post-secondary institutions are well positioned to help individuals gain the skills and credentials they’ll need to thrive, whether they are young people just beginning their career journey, workers wanting to make a shift into a new industry or newcomers to the province. These credentials include trade certificates, diplomas and degrees in high-demand fields, as well as micro-credentials that enable individuals to gain new knowledge they can immediately apply to their workplace or use to move into emerging sectors, like the clean economy.
British Columbia is a province of opportunity, with rich natural resources and an educated and innovative workforce that’s dedicated to being part of an increasingly vibrant and diverse economy. The next decade will be an exciting time for our province.
Honourable Anne Kang
Minister of Post-Secondary Education and Future Skills
About the B.C. Labour Market Outlook
The 2024 edition of the B.C. Labour Market Outlook (“Outlook”) is a 10-year forecast covering the period from 2024 to 2034. It provides an estimate of future labour supply for B.C. by occupation, as well as labour demand by industry, occupation, education and training, and development region. It also identifies which occupations will offer the most opportunity, as well as the level of education and training that each occupation typically requires.
It is intended for students, job seekers and those considering a career change, and it will also be of value for educators and planners, employers and governments. The Outlook also plays a role in making the B.C. labour market more inclusive by providing Indigenous communities with access to information about labour demand, both across the province and within the regions where they live. It can help those who are underrepresented in the labour market — people of colour, immigrants, women and individuals living with disabilities — learn about the opportunities available to them.
View the full report (PDF) for details.
How reliable is the Labour Market Outlook?
The Labour Market Outlook has been published nearly every year since 2011 and uses the most reliable, relevant and up-to-date data from sources that include BC Stats, the B.C. Ministry of Finance, Statistics Canada and other federal departments. Employers, unions, industry groups and post-secondary institutions were also consulted to test the validity of these projections.
However, the Labour Market Outlook is a forecast and is not intended to be interpreted as a definitive prediction about what will happen in the future. The Outlook, like other labour market projections, should instead be understood as a tool for investigating what the labour market might look like in the years ahead according to various assumptions about possible future change. The accuracy of the projections depends on several factors. Some events — like economic crises, pandemics and natural catastrophes — are difficult to anticipate and can affect the growth and composition of the labour market. For this reason, the ministry revises the labour market forecasts on a regular basis to take into account changing circumstances.
To learn more about the specialized economic modelling system and how this forecast was developed, check out the Definitions and Methodology Tab.
Impact of the population forecast
A key factor in the Labour Market Outlook is the underlying population forecast, which makes assumptions about the number of births and deaths, as well as the number of people moving into and out of the province.
This Outlook is based on the target immigration levels announced by the federal government in November 2023, when Canada was aiming to welcome record numbers of permanent residents. However, in October 2024, the federal government announced new and much lower target immigration levels, on top of previous policy changes aimed to rapidly reduce the number of non-permanent residents in Canada.
The anticipated lower levels of permanent and non-permanent residents are not reflected in this year’s Outlook, because the new numbers from the federal government were announced after the forecast was developed. What this means is that the forecasts included within the 2024 Labour Market Outlook likely overstate the number of people moving to B.C., the size of the labour force and the number of new households that will be formed. Next year’s Outlook will reflect the most recent information.
Below shows the historical annual number of immigrants arriving in B.C. and the 2024 Labour Market Outlook forecast of immigrant arrivals. It also shows an updated forecast of the potential number of immigrants that might arrive in B.C. based on the federal government’s announcements in the fall of 2024.
In the next chart, we show the historical net change in temporary workers, along with the 2024 Labour Market Outlook forecast of the net change, and the updated forecast based on recent announcements.
Highlights
Over the next decade (2024–2034), it is projected there will be 1,120,000 job openings in British Columbia. Employment in the province is expected to grow at an annual average of 1.4 percent, with 3.3 million people being employed in B.C. by 2034.
- 60 percent or 671,000 job openings will be a result of workers leaving the workforce, such as for retirement.
- 40 percent or 449,000 new jobs will be created through economic growth.
The 2024 edition of the Outlook finds a balanced future labour market, meaning that the number of job seekers will essentially match the number of job openings.
Filling these future job openings will involve multiple sources of labour supply. Young people (aged 29 or younger) entering the labour force for the first time are expected to make up 47 percent of new job seekers. New immigrants will make up 46 percent and workers coming from other parts of Canada will account for five percent. The remaining job openings will be filled by unemployed workers finding jobs or people re-entering the labour market after a hiatus from the workforce.
Education and Training
TEER
Canada’s National Occupational Classification (NOC) system uses a framework known as TEER (Training, Education, Experience and Responsibilities) to identify the level of education and training required for an occupation. The TEER framework groups all occupations into six categories, each defined by the amount and type of training and education an individual requires to enter and perform the duties of the occupation. TEER also considers the experience required and the complexity of the responsibilities involved in the work.
Over the next decade, 847,200 job openings, or 76 percent of the total job openings, will generally require some level of post-secondary education or training, or management or supervisory experience (TEERs 0, 1, 2 and 3).
| Training, Education, Experience and Responsibilities | Job Openings | % of Total | |
|---|---|---|---|
| Training, Education, Experience and Responsibilities | TEER 0 Management | 178,500 | 15.9% |
| Training, Education, Experience and Responsibilities | TEER 1 University degree | 239,100 | 21.3% |
| Training, Education, Experience and Responsibilities | TEER 2 College or apprenticeship (two or more years) | 237,900 | 21.2% |
| Training, Education, Experience and Responsibilities | TEER 3 College or apprenticeship (less than two years) | 191,700 | 17.1% |
| Training, Education, Experience and Responsibilities | TEER 4 Secondary school | 141,500 | 12.6% |
| Training, Education, Experience and Responsibilities | TEER 5 No formal education | 131,300 | 11.7% |
Return on investment in education and training
An important use of the Outlook is to help parents and prospective students choose a field of study that aligns with their interests and provides a path to positive employment opportunities. While educational pathways often lead to specific occupations, sometimes a particular field of study can lead to many possible careers.
To capture the idea of a positive employment opportunity, it is possible to look at the likelihood of a specific field of study leading to a high-skill, high salary (HSHS) occupation.
In the table below, a variety of fields of study for bachelor’s degrees are shown. The analysis suggests some have a greater likelihood of being associated with a HSHS occupation, including registered nursing and many engineering fields. Similar data for different levels of educational attainment (e.g., master’s degrees or college diplomas) is available in the BC Data Catalogue.
B.C. Labour Market Outlook: 2024 Edition
Review the B.C. Labour Market Outlook: 2024 Edition forecast in the complete (PDF) report.
Industry Outlook
Industry overview
Over the next decade, five industries will generate more than half (56 percent) of the job openings in British Columbia:
- Health care and social assistance (178,100 job openings; 16 percent of the total)
- Professional, scientific and technical services (150,300 job openings; 13 percent of the total)
- Retail trade (123,700 job openings; 11 percent of the total)
- Construction (99,600 job openings; 9 percent of the total)
- Educational services (79,800 job openings; 7 percent of the total)
The table shows that the need to replace retiring workers will result in more than half of the job openings in all major industries over the next 10 years. The exception is the professional, scientific and technical services industry, where expansion plays a larger role.
| Industry | Expansion | Replacement | Total Job Openings | |
|---|---|---|---|---|
| Industry | Health care and social assistance | 87,200 | 90,900 | 178,100 |
| Industry | Professional, scientific and technical services | 83,600 | 66,700 | 150,300 |
| Industry | Retail trade | 49,100 | 74,700 | 123,700 |
| Industry | Construction | 41,800 | 57,900 | 99,600 |
| Industry | Educational services | 26,400 | 53,400 | 79,800 |
| Industry | Finance, insurance and real estate | 21,700 | 44,400 | 66,100 |
| Industry | Accommodation and food services | 30,000 | 34,600 | 64,600 |
| Industry | Transportation and warehousing | 19,200 | 37,700 | 56,900 |
| Industry | Public administration | 17,500 | 38,900 | 56,500 |
| Industry | Manufacturing | 12,000 | 44,300 | 56,200 |
Industry insights
Health care and social assistance
This industry continues to have the most job openings of any industry over the next decade due to an aging population.
Professional, scientific and technical services
The rapid advancement of technology, especially in fields like computer systems design, engineering and consulting services, is driving demand for professional, scientific and technical services.
Construction
Construction continues to benefit from significant investments in infrastructure projects, housing developments and commercial real estate, particularly in urban areas like Metro Vancouver. The provincial government’s focus on affordable housing, transportation infrastructure and green building initiatives will continue to fuel demand in this sector.
Finance, insurance and real estate
Job openings in the finance, insurance and real estate industry are forecast to be quite strong in response to the increased demand in construction, particularly residential construction. Compared to the previous forecast, the number of job openings due to expansion has more than doubled due to higher demand for occupations such as financial managers, loans officers, real estate agents and property managers.
Manufacturing
The manufacturing industry had the smallest number of job openings among the top 10 industries, due to the relatively small number of expansion openings that are expected. This industry has an aging workforce and growth is expected to be flat, primarily because of slowdowns in wood product manufacturing.
B.C. Labour Market Outlook: 2024 Edition
Review the B.C. Labour Market Outlook: 2024 Edition forecast in the complete (PDF) report.
Occupational Outlook
Occupational overview
Occupations are organized into 10 broad categories, according to the NOC 2021 system. Between 2024 and 2034, the following five occupational groups are expected to account for nearly 80 percent of the projected job openings in B.C.:
- Sales and service (252,100 job openings; 23 percent of the total)
- Business, finance and administration (202,700 job openings; 18 percent of the total)
- Trades, transport and equipment operators and related (186,500 job openings; 17 percent of the total)
- Education, law and social, community and government services (135,000 job openings; 12 percent of the total)
- Natural and applied sciences and related (112,100 job openings; 10 percent of the total)
As shown in the figure below, replacement job openings will outpace expansion job openings in nine of the 10 broad occupational groups over the next decade, with the only exception being natural and applied sciences and related occupations.
| Occupational Group | Expansion | Replacement | Total Job Openings | |
|---|---|---|---|---|
| Occupational Group | Sales and service | 103,100 | 149,100 | 252,100 |
| Occupational Group | Business, finance and administration | 74,000 | 128,700 | 202,700 |
| Occupational Group | Trades, transport and equipment operators and related | 66,400 | 120,100 | 186,500 |
| Occupational Group | Education, law and social, community and government services | 53,000 | 82,000 | 135,000 |
| Occupational Group | Natural and applied sciences and related | 58,500 | 53,600 | 112,100 |
| Occupational Group | Health | 54,000 | 55,400 | 109,300 |
| Occupational Group | Art, culture, recreation and sport | 21,700 | 24,100 | 45,800 |
| Occupational Group | Manufacturing and utilities | 8,600 | 28,000 | 36,600 |
| Occupational Group | Legislative and senior management | 6,500 | 15,700 | 22,200 |
| Occupational Group | Natural resources, agriculture and related production | 3,000 | 14,700 | 17,700 |
High opportunity occupations
All occupations play an important role in British Columbia’s economy, but some jobs provide more opportunities than others. High Opportunity Occupations (HOOs) are occupations that are forecasted to have higher demand, higher wages and more opportunities over the coming decade. Each edition of the Labour Market Outlook includes newly identified HOOs that capture the current and anticipated state of the labour market to help individuals make informed career decisions.
The occupations classified as HOOs overwhelmingly require some form of post-secondary education, indicating the importance of education and training over the coming decade.
For a complete list of all HOO occupations, check out the High Opportunity Occupations page or Appendix 6 in the 2024 Labour Market Outlook report (PDF).
B.C. Labour Market Outlook: 2024 Edition
Review the B.C. Labour Market Outlook: 2024 Edition forecast in the complete (PDF) report.
Regional Outlook
The seven development regions in B.C. all have unique economies, labour market conditions and demographics. As a result, each region offers distinct job opportunities, which are highlighted under their own individual sections below.
Employment and Job Openings by Development Region, B.C. (2024-2034)
Total of regions may not sum to the B.C. total due to rounding.
| Region | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Regions | Vancouver Island/Coast | 445,800 | 1.1% | 49,590 | 117,140 | 166,740 |
| Regions | Mainland/Southwest | 1,819,070 | 1.7% | 347,180 | 407,510 | 754,690 |
| Regions | Thompson-Okanagan | 305,620 | 1.2% | 37,660 | 84,200 | 121,860 |
| Regions | Kootenay | 79,790 | 0.5% | 4,280 | 22,030 | 26,320 |
| Regions | Cariboo | 86,510 | 0.4% | 2,840 | 20,640 | 23,490 |
| Regions | Northeast | 36,320 | 0.6% | 2,370 | 8,820 | 11,190 |
| Regions | North Coast and Nechako | 44,180 | 1.0% | 4,760 | 10,940 | 15,690 |
| British Columbia | 2,817,300 | 1.4% | 448,690 | 671,280 | 1,119,970 | |
Vancouver Island/Coast
The Vancouver Island/Coast region is expected to see 166,700 job openings over the next 10 years. Driven largely by an aging population, most of these opportunities (70 percent) will result from replacing workers, mainly due to retirement, while the remaining 30 percent will stem from new jobs created by economic growth. Employment demand across all industries is expected to grow at an annual rate of 1.1 percent, mirroring the region’s population growth rate during the same period.
| Industry | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Industry | All industries | 445,800 | 1.1% | 49,590 | 117,140 | 166,740 |
| Industry | Hospitals | 30,800 | 2.3% | 7,970 | 7,820 | 15,790 |
| Industry | Other retail trade (excluding cars, online shopping and personal care) | 43,250 | 0.2% | 630 | 9,690 | 10,320 |
| Industry | Ambulatory health care services | 15,290 | 2.7% | 4,720 | 4,270 | 8,990 |
| Industry | Elementary and secondary schools | 20,610 | 0.9% | 2,000 | 6,010 | 8,000 |
| Industry | Food services and drinking places | 26,110 | 1.1% | 3,090 | 4,470 | 7,550 |
Mainland/Southwest
Job openings in the Mainland/Southwest region are expected to total 754,700 over the coming decade. Opportunities arising from replacing workers, mainly due to retirement, will be slightly higher (54 percent) than those created by economic growth (46 percent). Employment demand across all industries is forecast to grow at an annual rate of 1.7 percent over the next 10 years, aligning with the region’s population growth rate during the same period.
| Industry | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Industry | All industries | 1,819,070 | 1.7% | 347,180 | 407,510 | 754,690 |
| Industry | Other retail trade (excluding cars, online shopping and personal care) | 160,620 | 1.7% | 31,120 | 32,840 | 63,960 |
| Industry | Computer systems design and related services | 70,410 | 4.3% | 38,320 | 16,210 | 54,530 |
| Industry | Hospitals | 92,230 | 2.5% | 26,940 | 20,820 | 47,760 |
| Industry | Legal, accounting, design, research and advertising services | 92,060 | 1.9% | 19,630 | 19,400 | 39,030 |
| Industry | Food services and drinking places | 103,710 | 1.5% | 18,020 | 16,970 | 34,990 |
Thompson-Okanagan
In the next 10 years, the Thompson-Okanagan region is expected to have 121,900 job openings. About 31 percent of these jobs will result from economic growth and the remaining 69 percent will come from replacing workers, mainly due to retirement. Employment demand is expected to grow at an average annual rate of 1.2 percent over the next decade, comparable to the projected 1.4 percent annual population growth rate during the same period.
| Industry | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Industry | All industries | 305,620 | 1.2% | 37,660 | 84,200 | 121,860 |
| Industry | Other retail trade (excluding cars, online shopping and personal care) | 29,950 | 0.5% | 1,480 | 6,990 | 8,470 |
| Industry | Hospitals | 13,790 | 2.3% | 3,600 | 3,960 | 7,560 |
| Industry | Specialty trade contractors | 17,090 | 1.3% | 2,430 | 5,040 | 7,470 |
| Industry | Food services and drinking places | 18,700 | 1.1% | 2,290 | 3,250 | 5,530 |
| Industry | Residential building construction | 10,660 | 1.4% | 1,600 | 3,350 | 4,960 |
Kootenay
Over the next decade, the Kootenay region is projected to see 26,300 job openings. Only about 16 percent of these will result from economic growth, while the remaining 84 percent will stem from replacing workers, mainly due to retirement. Employment demand is expected to grow at an average annual rate of 0.5 percent, closely aligned with the projected population growth rate of 0.5 percent over the same period.
| Industry | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Industry | All industries | 79,790 | 0.5% | 4,280 | 22,030 | 26,320 |
| Industry | Other retail trade (excluding cars, online shopping and personal care) | 6,690 | 1.0% | 680 | 1,680 | 2,360 |
| Industry | Mining | 5,790 | 0.5% | 270 | 1,820 | 2,090 |
| Industry | Ambulatory health care services | 3,280 | 1.2% | 430 | 1,010 | 1,430 |
| Industry | Elementary and secondary schools | 4,100 | 0.2% | 60 | 1,200 | 1,260 |
| Industry | Food services and drinking places | 4,030 | 1.0% | 450 | 740 | 1,190 |
Cariboo
In the next 10 years, the Cariboo region is expected to generate 23,500 job openings. About 12 percent of these will be driven by economic growth, while the remaining 88 percent will result from the need to replace workers, mainly due to retirement. Employment demand is projected to grow at an average annual rate of 0.4 percent over the next decade, closely mirroring the region’s expected annual population growth of 0.4 percent.
| Industry | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Industry | All industries | 86,510 | 0.4% | 2,840 | 20,640 | 23,490 |
| Industry | Hospitals | 6,330 | 1.6% | 1,130 | 1,530 | 2,660 |
| Industry | Other retail trade (excluding cars, online shopping and personal care) | 7,920 | 0.2% | 100 | 1,640 | 1,740 |
| Industry | Specialty trade contractors | 4,000 | 1.5% | 660 | 1,000 | 1,660 |
| Industry | Paper manufacturing | 2,110 | 1.6% | 390 | 670 | 1,050 |
| Industry | Nursing and residential care facilities | 1,700 | 2.3% | 450 | 450 | 910 |
Northeast
Over the next 10 years, the Northeast region is expected to generate 11,200 job openings. Of these, 21 percent will be new jobs created by economic growth, while the remaining 79 percent will result from replacing workers, mainly due to retirement. Employment demand is projected to grow at an average annual rate of 0.6 percent, slightly higher than the region’s projected population growth rate of 0.4 percent annually.
| Industry | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Industry | All industries | 36,320 | 0.6% | 2,370 | 8,820 | 11,190 |
| Industry | Other retail trade (excluding cars, online shopping and personal care) | 4,080 | 0.7% | 280 | 860 | 1,140 |
| Industry | Truck transportation and support activities | 1,620 | 2.5% | 480 | 500 | 970 |
| Industry | Residential building construction | 1,390 | 2.3% | 380 | 380 | 760 |
| Industry | Wholesale trade | 1,300 | 1.7% | 250 | 390 | 640 |
| Industry | Personal, non-automotive repair and non-profit services | 1,670 | 1.3% | 240 | 390 | 630 |
North Coast and Nechako
Over the next 10 years, the North Coast and Nechako region is expected to generate 15,700 job openings. Approximately 30 percent of these will be driven by economic growth, while the remaining 70 percent will result from replacing workers, mostly due to retirement. Employment demand is projected to grow at an average annual rate of 1.0 percent, outpacing the region’s projected annual population growth of only 0.1 percent.
| Industry | Employment (2024) | Annual Employment Growth Rate (2024-2034) | Job Openings (2024-2034) | |||
|---|---|---|---|---|---|---|
| Expansion | Replacement | Total | ||||
| Industry | All industries | 44,180 | 1.0% | 4,760 | 10,940 | 15,690 |
| Industry | Other retail trade (excluding cars, online shopping and personal care) | 3,620 | 1.8% | 740 | 860 | 1,600 |
| Industry | Ports and freight transportation arrangement | 1,380 | 4.2% | 760 | 410 | 1,180 |
| Industry | Truck transportation and support activities | 1,450 | 3.2% | 570 | 450 | 1,020 |
| Industry | Forestry, logging and support activities | 1,960 | 1.5% | 320 | 540 | 870 |
| Industry | Elementary and secondary schools | 3,080 | -0.1% | -50 | 840 | 790 |
B.C. Labour Market Outlook: 2024 Edition
Review the B.C. Labour Market Outlook: 2024 Edition forecast in the complete (PDF) report.
Featured Topics
Growth in the construction industry
The 2024 Labour Market Outlook is predicting stronger growth for the construction industry than was forecast in the 2023 edition. There are over 30,000 more job openings predicted in this forecast compared to last year, and employment growth has increased from 0.5% annually to 1.6%. As well, job openings have shifted from being strongly driven by replacement demand to almost half being attributable to economic growth. This year’s stronger growth forecast is driven by higher predicted residential investment and housing starts.
Generative AI
Recent advancements in artificial intelligence (AI) have sparked both excitement and concern regarding the future role of human workers. Unlike previous technological shifts, such as automation, which primarily impacted less educated workers in routine and manual jobs, the current wave of AI innovation could affect a wider range of the workforce. This is because advanced algorithms capable of modelling language and other AI applications are increasingly proficient at performing non-routine and cognitive tasks, often undertaken by highly educated workers.
Some argue that companies have been slow to integrate generative AI models, such as ChatGPT, since their rollout in 2022, and that these AI models have not yet had a significant economic impact. For instance, only six percent of Canadian companies have integrated AI into their operations. While it takes time for new technologies to take hold, it may not be easy to quantify AI’s impacts given the rapid pace of change and advancement.
Such unpredictable scenarios could potentially lead to significant labour market disruptions, including the complete replacement of certain jobs. These possibilities underscore the need for policymakers and decision-makers to proactively assess and regulate AI and its applications, ensuring that their benefits are fully realized while minimizing labour market disruptions.
Top in-demand trades
Skilled trades occupations involve hands-on work and specialized skills. These occupations are essential to industries that include construction, automotive, manufacturing, utilities and more. Over the next decade, 105,300 job openings are expected in the skilled trades. The trades occupations with the highest projected job openings are:
- Construction trades helpers and labourers
- Carpenters
- Cooks
- General building maintenance workers and building superintendents
- Hairstylists and barbers
- Automotive service technicians, truck and bus mechanics and mechanical repairers
- Heavy equipment operators
- Electricians (except industrial and power system)
- Bakers
- Electronic service technicians (household and business equipment)
- Plumbers
- Welders and related machine operators
- Painters and decorators (except interior decorators)
- Construction millwrights and industrial mechanics
- Heavy-duty equipment mechanics
For additional information and resources, check out Top Demand Trades.
B.C. Labour Market Outlook: 2024 Edition
Review the B.C. Labour Market Outlook: 2024 Edition forecast in the complete (PDF) report.
Definitions and Methodology
Definitions
Annual employment growth rate: Calculated as the compound annual growth rate.
Changes in participation and unemployment: In addition to young people starting work, immigrants and migrants from other provinces, other changes in the number of labour force participants and the change in the number of unemployed workers.
Employment: The number of employed workers.
Immigrants: Net immigration of people moving to British Columbia from outside of Canada.
Inter-occupational mobility: The movement of workers to switch occupations.
Job openings – expansion: New job openings that arise due to economic growth.
Job openings – replacement: Job openings generated by a permanent exit from the labour force, including exits due to retirement, illness, disability, death and other reasons.
Job openings – total: The total number of expansion job openings and replacement job openings.
Labour demand: The number of employed people plus unfilled positions.
Labour supply: The labour force, including those already working and those actively looking for work.
Migrants from other provinces: Net in-migration from people moving to British Columbia from other provinces and territories in Canada.
Young people starting work: People between the ages of 17 and 29 who are entering the labour force for the first time after graduating from or leaving the education system.
Forecasting model methodology
The Outlook forecasting model is a labour market forecasting system that generates 10-year projections of labour demand and supply, covering 64 industries and 512 occupations for B.C. and its seven development regions. Three simplified steps illustrate how the B.C. labour market forecasting model works:
- Expected economic growth, industry performance and labour productivity determine labour demand.
- Demographic shifts and labour force participation drive labour supply and its components of change.
- Demand for and supply of labour in each occupation determines labour market conditions for the occupation.
Specifically, the forecasting system is composed of three sets of regional models: macroeconomic models, industry employment models and occupational models. The combined results of the regional models generate provincial forecasts.
Macroeconomic models
Each of the seven regional macroeconomic models has two main sections:
- The economic component generates industry employment estimates and forecasts; it links to the labour demand projections in the occupational model.
- The demographic component links to the labour supply projections in the occupational model.
Each regional macroeconomic model splits the entire regional economy into 15 high-level industries based on the 2017 NAICS (North American Industry Classification System) structure.
Industry employment models
Each of the seven regional industry employment models converts employment for high-level industries from the macroeconomic model into employment estimates and forecasts for 64 industries.
Occupational models
For labour demand, each of the seven regional occupational models produces labour demand projections for 512 occupations.
For labour supply, the seven regional models are aggregated into four regions to produce labour supply forecasts for 512 occupations; the aggregated regions are the Mainland/Southwest, Vancouver Island/Coast, Southeast (Thompson-Okanagan and Kootenay combined) and North (Cariboo, North Coast and Nechako, and Northeast combined).
A full description of the methodology is available on the Labour Market Information Council website.
High opportunity occupation methodology
The High Opportunity Occupations (HOOs) lists are developed by assessing all occupations using seven economic indicators. These indicators can be grouped into four categories, which are based on current and future labour market conditions. Each occupation is given a score based on its ranking in each of the seven economic indicators, and scores are weighted based on their labour market impact. The occupations are then sorted by score, and the 125 occupations with the highest scores become High Opportunity Occupations.
To capture the diversity of British Columbia’s economy, there are separate HOO lists for each of B.C.’s seven development regions. The process for determining the regional lists is similar to the B.C.-level methodology, although additional criteria are used to reflect the smaller sizes of some regions.
One criterion is that the total number of job openings for HOOs in a region cannot be more than 50 percent of all job openings for all occupations in the region. For example, if 125 occupations are identified as HOOs for a region based on the initial criteria but the total number of job openings across all 125 HOOs is more than 50 percent of all job openings for the region, the number of occupations from the HOO list will be reduced from 125 until the total number of job openings drops below 50 percent of total job openings for the region.
To learn more, review the complete regional HOO lists in the BC Data Catalogue.
B.C. Labour Market Outlook: 2024 Edition
Review the B.C. Labour Market Outlook: 2024 Edition forecast in the complete (PDF) report.