A key function of labour market information is to provide insight into expected future trends in the labour market. What jobs are most likely to be in demand in the future? Which industries are expected to grow most quickly? What skills and abilities will be needed? Answers to these questions help all kinds of people make informed decisions.
Employers and planners use labour market projections to prepare for upcoming needs and to anticipate skills shortages. Job seekers use such information to select and train for a career with good employment prospects.
The Employment Outlook for British Columbia – COPS BC Unique Scenario for 2007 to 2017 report provides an overview of employment projections by major industry and occupational group to 2017. It also presents the education levels normally required for the projected job opportunities.
To assess future growth at a regional level, BC Stats' Regional Employment Projections are another useful source of information. Sub-provincial profiles (by region in B.C.) on employment projections by occupation and industry are highlighted.
Labour force participation is a key indicator of labour market conditions. The BC Labour Force Participation Rate Model discusses historical patterns of labour force participation within B.C. and presents participation rates projected to 2031.
