Job prospects Inventory Analyst in Newfoundland and Labrador

Explore current and future job prospects for people working as an "inventory analyst" in Newfoundland and Labrador or across Canada.

Job opportunities in Newfoundland and Labrador

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be moderate for Purchasing and inventory control workers (NOC 14403) in Newfoundland and Labrador for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of a few positions.
• Several positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

Here are some key facts about Purchasing and inventory control workers in Newfoundland and Labrador:

• Approximately 350 people worked in this occupation in May 2021.
• Purchasing and inventory control workers mainly work in the following sectors:
  • Other retail stores (NAICS 44-45, except 445): 28%
  • Wholesale trade (NAICS 41): 19%
  • Hospitals (NAICS 622): 8%
  • Management and administrative services (NAICS 55, 56): 7%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 80% compared to 83% for all occupations
  • Part-time workers: 20% compared to 17% for all occupations
• 59% of purchasing and inventory control workers work all year, while 41% work only part of the year, compared to 56% and 43% respectively among all occupations. Those who worked only part of the year did so for an average of 40 weeks compared to 40 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 59% compared to 51% for all occupations
  • Women: 41% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 6% compared to 11% for all occupations
  • high school diploma or equivalent: 35% compared to 27% for all occupations
  • apprenticeship or trades certificate or diploma: 23% compared to 17% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 25% compared to 23% for all occupations
  • bachelor's degree: 5% compared to 14% for all occupations
  • university certificate, degree or diploma above bachelor level: 5% compared to 7% for all occupations

Breakdown by region

Explore job prospects in Newfoundland and Labrador by economic region.

Source Labour Market Information | Prospects Methodology