According to Statistics Canada, the manufacturing sector is expected to experience modest growth in employment rates by 2024, driven by increases in the production of machinery and equipment.
Deloitte's 2024 manufacturing outlook predicts a shift towards digital transformation, with a focus on Industry 4.0 technologies and workforce upskilling to drive competitiveness and employment growth.
The Conference Board of Canada's research report highlights the need for manufacturers to invest in emerging technologies and develop strategies to attract and retain skilled workers in order to remain competitive in 2024 and beyond.
TD Economics forecasts that manufacturing employment in Canada will grow by 1.5% in 2024, driven by a rebound in the automotive and aerospace sectors, with Ontario and Quebec expected to lead the way.
Canadian Manufacturers & Exporters (CME) predicts that the manufacturing labour market in Canada will face challenges in 2024, including skills shortages and an aging workforce, requiring manufacturers to adopt innovative recruitment and training strategies.
The IEEE provides an overview of the top manufacturing trends for 2024, including the use of artificial intelligence, robotics, and the Internet of Things (IoT), and their potential impact on employment and the future of work in Canada.
Researchers at Monash University have developed a predictive model to forecast manufacturing employment trends in Canada for 2024, taking into account factors such as trade policies, technological advancements, and demographic changes.
Trading Economics provides historical data and forecasts for manufacturing employment in Canada, including predictions for 2024, based on econometric models and industry trends.