Retail and wholesale trade managers in Gaspésie - Îles-de-la-Madeleine

The employment outlook will be Limited for retail and wholesale trade managers (NOC 60020) in the Gaspésie - Îles-de-la-Madeleine region for the 2025-2027 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 several unemployed workers with recent experience in this occupation.

Employment in this occupation is primarily linked to the economic situation and household consumption habits.

The anticipated slowdown in economic growth during the forecast period could lead to a decrease in spending on non-essential goods, especially among consumers who have a high level of debt and who must renew their mortgages at higher interest rates.

Furthermore, competition from online retailers largely explains the decline in foot traffic and revenue for more traditional stores. E-commerce has profoundly transformed consumer expectations and is expected to continue representing a significant share of industry sales, which risks disadvantaging companies that are still lagging behind in online transactions.

Here are some key facts about retail and wholesale trade managers in the Gaspésie - Îles-de-la-Madeleine region:

• Approximately 820 people worked in this occupation in May 2021.
• Retail and wholesale trade managers mainly work in the following sectors:
  • Retail Trade (NAICS 44-45): 95%
  • Wholesale trade (NAICS 41): 5%