Atlantic Region Bio-economy Labour Market Ratings Outlook by Job Function, 2021-2029

A table showing the bio-economy labour market ratings outlook by job function in Atlantic Canada. A three-tiered, colour-coded rating scale shows the severity of the hiring challenges: Level 1 (green) denotes that labour supply is greater than 75% of labour demand and low to moderate labour shortages are expected. Level 2 (orange) denotes that labour supply is between 25% and 75% of labour demand and moderate to serious labour shortages are expected. Level 3 (red) denotes that labour supply is less than 25% of labour demand and serious to severe labour shortages are expected. For the region’s bio-economy overall, the labour market is projected to be at level 3 from 2021 to 2024, level 2 in 2025, and level 3 from 2026 to 2029. For manufacturing and production, the labour market is projected to be at level 3 each year from 2021 to 2029. For management, finance and administration, the labour market is projected to be at level 3 each year from 2021 to 2029. For distribution and logistics, the labour market is projected to be at level 3 each year from 2021 to 2029. For quality control and assurance, the labour market is projected to be at level 3 each year from 2021 to 2029. For legal and regulatory affairs, the labour market is projected to be at level 3 each year from 2021 to 2029. For information technology, the labour market is projected to be at level 3 from 2021 to 2027, level 2 in 2028, and level 3 in 2029. For marketing, business development and sales, the labour market is projected to be at level 1 in 2021, then level 3 each year from 2022 to 2029. For research and development, the labour market is projected to be at level 1 in 2021, level 2 from 2022 to 2028, and level 3 in 2029. For “other” job functions, the labour market is projected to be at level 2 each year from 2021 to 2029.

Published in Close-up on the bio-economy: Atlantic Canada (December 6, 2021)