Job prospects Economic Advisor in the Vancouver Island and Coast Region

Over the past few years (2021-2023), there was a labour shortage for Economists and economic policy researchers and analysts in the Vancouver Island and Coast Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

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

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some 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 Economists and economic policy researchers and analysts in the Vancouver Island and Coast region:

• Approximately 520 people worked in this occupation in May 2021.
• Economists and economic policy researchers and analysts mainly work in the following sectors:
  • Provincial and territorial public administration (NAICS 912): 62%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 14%
  • Professional, scientific and technical services (NAICS 54): 12%
  • Federal government public administration (NAICS 911): 8%

Source Labour Market Information | Prospects Methodology