Job outlook in Canada for 2021
Posted on January 15, 2021
According to the Conference Board of Canada, the country’s economy is probably on the road to recovery from a recession due to the COVID related lockdown.
The Conference Board asserts that Canada’s economy could grow by 6.7 per cent in 2021 and by 4.8 per cent in 2022.
This is good news for the job outlook for Canada in 2021. If you wish to know the skills set and work experience that are in demand in Canada, then you will have to cross-check the National Occupation Classification (NOC) list.
The following sectors are expected to have around 15,000 job openings across Canada over the next five years.
- Business and finance
- Community and social service
There is a scarcity of labor in the economic sector as Canada is one of the developed nations. To fill this void, the government has set a goal of welcoming 1 million foreigners as permanent residents to Canada by 2021. The goal for 2021 is to hire 341,000 skilled young workers as citizens.
Fortunately, many of the occupations in demand for the next five years provide great earning opportunities and, due to labor shortages, employers would need quality employees. The government has begun initiatives for faster visas to achieve this goal.
The provinces of Quebec, Ontario, Manitoba, Saskatchewan, and Alberta offer good job opportunities. Provinces such as Manitoba, Saskatchewan, and Alberta are facing a shortage of skilled labor.
As for the province with the highest number of vacancies, it is Quebec where unemployment is decreasing whereas it is rising in other provinces.
This province also has the largest job vacancy rate in the provincial job market in Canada. Reports say that the province will have a moderately high demand for new workers and the job outlook is fairly positive for this province in 2021.
Here are the salary details of the top jobs in Canada for 2021
|Occupation||Average annual |
|Information security analyst||64,131 CAD|
|Market research analyst||49,435 CAD|
|Construction manager||85,901 CAD|
|High School teacher||54,467 CAD|
The unemployment rate in Canada was at an all-time low before the Coronavirus pandemic. Canadians and immigrants will both benefit from post-Coronavirus economic recovery. Canada is expected to tackle job shortages again in the coming years, and more aggressively than before COVID-19, when 9 million baby boomers in Canada will reach retirement age in the next decade.
In the post-pandemic scenario, the demand for certain jobs may increase.