Job prospects Assistant Manager - Retail near Drummondville (QC)

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Over the past few years (2021-2023), there was a labour shortage for Retail and wholesale trade managers near Drummondville (QC). There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Retail and wholesale trade managers (NOC 60020) in the Centre-du-Québec region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment is expected to remain relatively stable.
• Several positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

The evolution of this occupation is associated with economic conditions, buying habits and household consumption, and, more generally, population growth, which affect retail and wholesale trade.

The loss of purchasing power caused by the rising cost of living is resulting in reduced consumer spending for a large number of households. However, the ongoing stabilization in inflation and lower interest rates could support the sector and employment in the medium term.                          

The rise in e-commerce is reducing in-store traffic, which could disadvantage a large percentage of Quebec businesses that are still lagging behind in online transactions.

The low population growth projected for the province and the aging population, which is changing consumption patterns due to lower incomes and changing needs with age, could limit employment.

Here are some key facts about Retail and wholesale trade managers in the Centre-du-Québec region:

• Approximately 2,030 people work in this occupation.
• Retail and wholesale trade managers mainly work in the following sectors:
  • Retail Trade (NAICS 44-45): 92%
  • Wholesale trade (NAICS 41): 7%

Source Labour Market Information | Prospects Methodology