Job prospects Customer Service Manager - Retail near Cold Lake (AB)

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Over the past few years (2021-2023), the labour market was balanced for Retail and wholesale trade managers near Cold Lake (AB). The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be moderate for Retail and wholesale trade managers (NOC 60020) in the Wood Buffalo - Cold Lake region for the 2023-2025 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.

Population growth and higher wages should help keep consumer spending from declining, but the impacts of inflation being higher for longer than expected are starting to show. The Conference Board of Canada is forecasting consumer spending slowing in the second half of 2023 and will rise only 0.6% in 2024.

Here are some key facts about Retail and wholesale trade managers in the Wood Buffalo - Cold Lake region:

• Approximately 1,310 people worked in this occupation in May 2021.
• Retail and wholesale trade managers mainly work in the following sectors:
  • Retail Trade (NAICS 44-45): 80%
  • Wholesale trade (NAICS 41): 19%

Source Labour Market Information | Prospects Methodology