Retail and wholesale trade managers in Wood Buffalo - Cold Lake

The employment outlook will be Moderate for retail and wholesale trade managers (NOC 60020) in the Wood Buffalo - Cold Lake region for the 2025-2027 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of positions will become available due to retirements.
• There are several unemployed workers with recent experience in this occupation.

• Occupations in retail continue to be in constant demand with high rates of turnover and some recruitment challenges. 
• Economic uncertainty amid ongoing trade disputes may affect decision making of some consumers. However, easing interest rates and inflation should improve household spending and the outlook for this occupation.
• Additionally, population growth should help keep consumer spending from declining.

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): 82%
  • Wholesale trade (NAICS 41): 17%