These comments apply to the career group Metal Forming, Shaping and Erecting Trades, which includes Welders.
Despite a retirement rate below the occupational average, more than 65% of job openings over the projection period will arise from retirements. The low retirement rate in this occupation is due to the fact that workers are generally younger than the average and retire later than those in other occupations. Consequently, the gap between the average age of workers and the retirement age is above the occupational average. The number of job openings arising from economic growth will be much lower than over the 1999-2008 period, during which the construction industry was stimulated by the building of new housing units, a substantial increase in renovation costs and, more recently, the increase in non-residential construction costs. However, over the 2011-2020 period, activities in the construction industry will slow down, primarily as a result of the aging population, and the manufacturing sector will continue to experience difficulties, particularly in the metal and machinery fabricating industry. This will have negative impacts on the number of job openings in metal forming, shaping and erecting trades.
Job Seekers: 52,750
Job Openings: 46,724
Job prospects for this career are rated Limited