Job prospects Retailer in the Estrie Region

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Over the past few years (2021-2023), the labour market was balanced for Retail and wholesale trade managers in the Estrie Region. The number of job openings was about the same as the number of workers available 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 Estrie 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 moderate 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 Estrie region:

• Approximately 2,110 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): 6%

Source Labour Market Information | Prospects Methodology