Job prospects Electronic Products Store Manager in the Estrie Region

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Over the past few years (2021-2023), the labour market was balanced for Retail and wholesale trade managers in the Estrie Region. 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 Estrie region for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some positions.
• Several positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

The evolution of this occupation is associated with trends that affect retail and wholesale trade.

However, the economic context, buying habits, and, more generally, population growth will curb job growth for these professionals in the medium and long term.

Inflation and rising interest rates, which are causing households to lose purchasing power, could also lead to reduced consumption.

The rise in e-commerce is reducing in-store traffic, which could disadvantage a large percentage of Quebec businesses that are still lagging behind in online transactions.

The province's population growth is among the lowest in Canada. The aging population has a different approach to consumption due to lower incomes and changing needs with age, which could limit employment in the longer term.

While the employment outlook for this occupation is moderate at the provincial level, it will be good in Centre-du-Québec and Saguenay—Lac-Saint-Jean.

Here are some key facts about Retail and wholesale trade managers in the Estrie region:

• Approximately 2,110 people work in this occupation.
• Retail and wholesale trade managers mainly work in the following sectors:
  • Retail Trade (NAICS 44-45): 92%
  • Wholesale trade (NAICS 41): 6%

Source Labour Market Information | Prospects Methodology