Canada: Jobs Outlook for 2022

Canada Jobs Outlook

Forecast of growth to continue in the Canadian Labour Market in 2022 and well beyond.

The Conference Board of Canada, the country’s leading independent research organization, has projected a growth of 5.1% in the Gross Domestic Product (GDP) of 2021. The GDP growth projections for 2022 stand strong at 4.4%.

As the global economy recovers, the job outlook in Canada does look promising for 2022 and years to come.

Statistics Canada – Labour Force Survey, November 2021
·       Employment rose by 154,000 (+0.8%) in November

·       In November 2021, employment in Canada was at 186,000 (+1.0%), higher than the pre-pandemic level in February 2020

·       Both full-time as well as part-time work increased

·       Total hours worked registered an increase, marking a return to the pre-COVID level for the first time

·       Number of employees in private sector increased

·       Employment increased in both the goods-producing and services-producing sectors

·       The employment rate among very recent immigrants – that had been in Canada for five years or less – was 6.5% higher than a year ago

·       Rise in employment registered in the provinces of – Alberta, Ontario, Quebec, Nova Scotia, Newfoundland and Labrador*, and Prince Edward Island.

*The newest among the 10 Canadian provinces, Newfoundland and Labrador comprises a large mainland Labrador and the island of Newfoundland. The province joined the Confederation of Canada in 1949.

Covering the period 2019 to 2028, the Canadian Occupational Projection System (COPS) is used by the Employment and Social Development Canada (ESDC) to come up with projections on the total number of job openings and job seekers in the workforce in the labor market in Canada.

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The present COPS projections were developed for 293 occupation groups existing in the Canadian labor market, using the 2016 National Occupational Classification (NOC).

Do keep in mind that the COPS projections were completed in 2019, that is, before the 2020 COVID-19 pandemic outbreak. Nevertheless, as the focus of the COPS projections is on long-term trends, these are not expected to be impacted too much.

Average Annual Employment Change
  1999 to 2008 2009 to 2018 2019 to 2028
High-skilled occupations

·       Skill Type 0 (zero): management jobs

·       Skill Level A: Professional jobs

·       Skill Level B: Technical jobs & skilled trades

191,791 157,772 129,849
Low-skilled occupations

·       Skill Level C: Intermediate jobs

·       Skill Level D

104,184 7,257 44,533

Source: Statistics Canada and ESDC 2019 COPS Projections.

In 2019-2028, the total number of job openings in Canada is expected to be 65,60,262. Of these, the maximum number of job openings in the 2019-2018 period – that is, 2,195,141 (33%) – will be for jobs requiring a Skill Level B.

Top in-Demand Jobs in Canada – Projection for 2019-2028
Serial No. Job NOC Code Projected Job Openings in 2019-2028 Projected Job Seekers in 2019-2028 Immigration Level / Percentage of Job Seekers in 2019-2028
1 Computer and information systems managers NOC 0213 38,100 44,500 8,300 [19%]
2 Software engineers and designers NOC 2173 27,500 24,000 16,500 [69%]
3 Mechanical engineer NOC 2132 11,300 13,200 8,200 [62%]
4 Financial and investment analysts NOC 1112 22,300 21,700 7,400 [34%]
5 Financial auditors and accountants NOC 1111 79,600 79,500 21,800 [27%]
6 Human resources professionals NOC 1121 49,000 49,400 4,300 [9%]
7 Accommodation service managers NOC 0632 43,400 42,700 3,000 [7%]
8 Sales and account representatives – wholesale trade (non-technical) NOC 6411 99,000 97,300 5,600 [6%]
9 Advertising, marketing and public relations managers & Other business services managers NOC 0124 19,200 19,900 9,300 [47%]
10 General practitioners and family physicians NOC 3112 50,900 19,400 6,100 [31%]

Canada leads among the list of Top 10 most-accepting country for a migrant. As per a report, 92% of newcomers in Canada agreed that their community was welcoming.

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If you are looking to Work, Study, Invest, Visit, or Migrate to Canada, talk to Y-Axis, the World’s No. 1 Immigration & Visa Company.

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