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British Columbians, from students and parents to job seekers and employers, will have the knowledge they need to make informed decisions about career plans by using the 2018 B.C. Labour Market Outlook report.
Over the next decade, the majority of all job openings – over three-quarters – will require post-secondary education or training.
“Post-secondary education and training opens the door to opportunity,” said Melanie Mark, Minister of Advanced Education, Skills and Training. “We are building the best B.C., and the B.C. Labour Market Outlook will give people throughout B.C. the tools they need to play a part in our strong economy over the next 10 years. We’re committed to making education and training accessible and affordable for British Columbians, so that people can get the skills they need to find good family-supporting jobs, and thrive.”
As well as identifying high-demand occupations and looking in-depth at seven B.C. regions, the labour market outlook includes information on industries that will see the most job openings. At nearly 150,000 job openings, the health-care and social-assistance industry is forecast to provide the most opportunities over the next 10 years.
The labour market outlook gives British Columbians up-to-date information so they can make sound decisions for the future. Using the report, students can find viable and promising career paths, employers can be guided in their business planning and educators can ensure programs provide students with skills to thrive in B.C.’s growing labour market.
Quick Facts:
- The outlook forecasts 903,000 job openings in the next decade until 2028. Of these, 68% will be to replace people leaving the workforce, e.g., retirees. The remaining 32% will come from economic growth.
- 41% of job openings will need a diploma, certificate or apprenticeship training, and 36% will need a bachelor’s, graduate or first professional degree. In contrast, only 23% of projected jobs require people with only a high school diploma, on-the-job training or less.
Learn More:
For the 2018 edition of the B.C. Labour Market Outlook, visit: http://workbc.ca/labourmarketoutlook
To access forecast data for all 500 occupations, industries and regions, go to: https://catalogue.data.gov.bc.ca/dataset/labour-market-outlook
For a broader look at employment, hiring and training opportunities, visit: www.WorkBC.ca
A backgrounder follows.
Backgrounders
How is the outlook produced?
- The outlook uses the most current data from various sources, including BC Stats, the B.C. Ministry of Finance, Statistics Canada and other federal departments.
- An economic modelling system analyzes the data collected and other factors affecting labour market supply and demand. Data is reviewed based on industry, occupation, geographic region, skills and competencies.
- The outlook produces a list of high-demand occupations by:
- assigning indicators for expected job opportunities, expected labour market tightness and current labour market tightness.
- These indicators are assigned a weight based on their impact on labour market conditions.
- Projections are tested with employers, unions, industry groups and post-secondary institutions.
Which industries will have the most job openings?
- There will be job openings across various industries throughout the province.
- The 10 industry groups with the most job openings in the next decade, ranked in order, are as follows:
- health care and social assistance
- professional, scientific and technical services
- retail trade
- accommodation and food services
- finance, insurance and real estate
- information, culture and recreation
- transportation and warehousing
- educational services
- manufacturing
- construction
Which regions of B.C. will have the most jobs?
- Thousands of jobs are expected in every region of B.C.
- The regions with the largest number of job openings are the Mainland/Southwest (65%) and Vancouver Island/Coast (17%).
- Specifically, the job openings are distributed between regions as follows:
- Mainland/Southwest: 588,470 job openings
- Vancouver Island/Coast: 153,820 job openings
- Thompson-Okanagan: 91,190 job openings
- Kootenay: 24,080 job openings
- Cariboo: 18,080 job openings
- Northeast: 14,380 job openings
- North Coast and Nechako: 12,990 job openings
What occupations will be in high demand?
- The outlook produces a list of high-demand occupations, broken down by education and training requirements, with a separate section for health professions.
- These occupations are considered to be the best job opportunities for British Columbians in the next decade.
- The top three occupations in each category are:
- Management:
- retail and wholesale trade managers
- restaurant and food service managers
- senior managers - financial, communications and other business services
- Degree:
- financial auditors and accountants
- elementary school and kindergarten teachers
- information systems analysts and consultants
- Diploma/certificate/apprenticeship:
- administrative officers
- social and community service workers
- accounting technicians and bookkeepers
- High school and/or occupation-specific training:
- receptionists
- food and beverage servers
- home support workers, housekeepers and related occupations
- Health:
- family physicians
- nurse practitioners
- health-care assistants
https://news.gov.bc.ca/17946
Post-Secondary Education and Future Skills
