Job prospects Economic Advisor in Prince Edward Island

Explore current and future job prospects for people working as an "economic advisor" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Economists and economic policy researchers and analysts (NOC 41401) in Prince Edward Island for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new positions.
  • A moderate number of 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 Economists and economic policy researchers and analysts in Prince Edward Island:

  • Approximately 50 people worked in this occupation in May 2021.
  • Economists and economic policy researchers and analysts mainly work in the following sectors:
    • Federal government public administration (NAICS 911): 74%
    • Provincial and territorial public administration (NAICS 912): 26%
  • 83% of economists and economic policy researchers and analysts work all year, while 17% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 50 weeks compared to 41 weeks for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 62% compared to 51% for all occupations
    • Women: 38% compared to 49% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: n/a
    • high school diploma or equivalent: n/a
    • apprenticeship or trades certificate or diploma: n/a
    • college certificate or diploma or university certificate below bachelor's: n/a
    • bachelor's degree: 62% compared to 17% for all occupations
    • university certificate, degree or diploma above bachelor level: 31% compared to 8% for all occupations

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as an "economic advisor" Economists and economic policy researchers and analysts (NOC 41401) or across Canada.

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Labour Market Information Survey
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