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Explore current and future job prospects for people working as "Retail and wholesale trade managers" in the Fredericton–Oromocto or across Canada.
Current and future job prospects
These outlooks were updated on December 11, 2024.
Recent trends from the past 3 years
Over the past few years (2021-2023), there was a labour shortage for Retail and wholesale trade managers in the Fredericton–Oromocto. There were more job openings than workers available to fill them in this occupation.
Source Labour Market Information | Recent Trends Methodology
Job outlook over the next 3 years
The employment outlook will be good for Retail and wholesale trade managers (NOC 60020) in the Fredericton - Oromocto region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Several positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
- Historically, there has been a high degree of turnover in this occupation and the majority of job openings result from the need to fill those vacancies.
- While more education will likely improve someone's chance of becoming a retail and wholesale trade manager, educational requirements are relatively low compared to other managerial occupations. In fact, many workers start at an entry-level position before eventually become supervisors, and then managers.
- Given that retail stores are more heavily concentrated in larger cities, there are more opportunities in larger urban areas.
Here are some key facts about Retail and wholesale trade managers in the Fredericton - Oromocto region:
- Approximately 1,060 people work in this occupation.
- Retail and wholesale trade managers mainly work in the following sectors:
- Retail Trade (NAICS 44-45): 88%
- Wholesale trade (NAICS 41): 11%
Job prospects elsewhere in Canada
Find out what will be the job prospects for Retail and wholesale trade managers across Canada over the next 10 years, from 2022 to 2031.
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