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Report Introduction

A critical Labour Market Information (LMI) regional profile of the Moncton, New Brunswick bakery processing industry. This report is one in a series designed to provide readers with detailed information and a better understanding of the local bakery processing industry.

Insights in This Report:

This critical resource offers stakeholders a detailed understanding of the local sector. Key findings include:

  • Critical Hiring Forecast: An estimated 185 new hires will be required for the regional bakery processing industry by the end of 2030.
  • Demand Drivers: This requirement is driven significantly by the need for replacement of current workers (e.g., retirements), which accounts for 51% of the new hires.
  • High-Demand Occupations: The largest proportion of new workers needed will be within management, finance, sales, and administration occupations (44%) and trades occupations (42%).
  • Labour Market Alert: Recruitment and retention challenges are expected to increase along with rates of labour market tightness throughout the decade, with the sector facing a Greater Tightness rating (Rank 3) for much of the period after 2024
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