It’s hard to believe that once again we are reaching the end of the year and looking towards the year to come. We each have our own goals, desires, and expectations from 2015 and beyond, including questions about the employment outlook and the economy in BC.
Whether you’re considering a career change or expanding your education in your current employment field, it’s very important to understand where your industry is headed in the next few years. Labour market forecasts are generally done over a span of more years, so I decided to take a look at the WorkBC employment outlook by 2022.
As some of you may already know, BC has a large aging population, most of which will retire by 2022. This and the projected growing economy will generate a large number of job openings in key industries. The annual provincial employment growth rate is estimated at 1.2%; however the following occupations are anticipated to grow faster than the provincial annual average growth rate.
|Occupations||Annual Growth Percentage|
|Trades, Transport and Equipment Operators and Related Occupations||1.3%|
|Natural and Applied Sciences and Related Occupations||1.3%|
Out of all the occupation groups, the three with the most expected job opening by 2022 are:
|Sales and Service||187,000 openings|
|Business, Finance and Administration||167,000 openings|
|Trades, Transport, Equipment Operators and Related Occupations||160,000 openings|
By 2022 over 1 million new job openings are expected across the province. The above occupations and many more will be in growing demand. The number of workers needed will slowly become greater than the number of workers available. The statistics and projections for the years to come are very promising.
New opportunities are just around the corner and Brighton College offers the exciting programs to get you there. Speak to one of our educational advisors today and get started on the road to a great career in a growing industry.
For more employment and industry information, visit workbc.ca.