Job prospects Travel Branch Manager near Ville de Saguenay (QC)

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

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be good for Retail and wholesale trade managers (NOC 60020) in the Saguenay - Lac-Saint-Jean region for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Several positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

The evolution of this occupation is associated with trends that affect retail and wholesale trade.

However, the economic context, buying habits, and, more generally, population growth will curb job growth for these professionals in the medium and long term.

Inflation and rising interest rates, which are causing households to lose purchasing power, could also lead to reduced consumption.

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 province's population growth is among the lowest in Canada. The aging population has a different approach to consumption due to lower incomes and changing needs with age, which could limit employment in the longer term.

While the employment outlook for this occupation is moderate at the provincial level, it will be good in Centre-du-Québec and Saguenay—Lac-Saint-Jean.

Here are some key facts about Retail and wholesale trade managers in the Saguenay - Lac-Saint-Jean region:

• Approximately 1,720 people work in this occupation.
• Retail and wholesale trade managers mainly work in the following sectors:
  • Retail Trade (NAICS 44-45): 94%
  • Wholesale trade (NAICS 41): 6%

Source Labour Market Information | Prospects Methodology