Fastest Growing Industries: Construction
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B.C. has seen strong growth in Construction industry employment, expanding from about 200,000 in 2015 to the current level of almost 240,000. This large workforce moves from project to project and is facing a steady flow of new projects over the 2019-2029 period.
Over the first few years of the forecast, there will be a temporary surge in demand coming from LNG Canada and other major construction projects, but this surge in demand is expected to tail off by the middle of the decade. As a result, by 2029, the workforce is projected to have expanded by a modest 3,600 job openings due to economic growth. At the same time, strong demand for new construction trades workers will be driven by the need to replace retiring workers, with 55,800 replacement job openings being forecast.