Job prospects Finance Director near Iqaluit (NU)
Job outlook over the next 3 years
The employment outlook will be very good for Financial managers (NOC 10010) in Nunavut for the 2023-2025 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial managers in Nunavut:
- Approximately 100 people worked in this occupation in May 2021.
- Financial managers mainly work in the following sectors:
- Public Administration and Defence (NAICS 91): 66%
- Other Commercial Services (NAICS 54-56, 81): 10%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 90% compared to 87% for all occupations
- Part-time workers: 10% compared to 13% for all occupations
- 81% of financial managers work all year, while 19% work only part of the year, compared to 72% and 28% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 44 weeks for all occupations.
- The gender distribution of people in this occupation is:
- Men: 35% compared to 51% for all occupations
- Women: 65% compared to 49% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: 14% compared to 37% for all occupations
- high school diploma or equivalent: 18% compared to 22% for all occupations
- apprenticeship or trades certificate or diploma: less than 5% compared to 11% for all occupations
- college certificate or diploma or university certificate below bachelor's: 27% compared to 15% for all occupations
- bachelor's degree: 32% compared to 10% for all occupations
- university certificate, degree or diploma above bachelor level: 9% compared to 6% for all occupations
Labour market conditions over the next 10 years
Find out what will be the job prospects for Financial managers across Canada over the next 10 years, from 2022 to 2031.
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