Job prospects Loan Officer in the Southwest Region

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Explore current and future job prospects for people working as "Financial sales representatives" in the Southwest Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Balanced

Over the past few years (2021-2023), the labour market was balanced for Financial sales representatives in the Southwest Region. The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Limited

The employment outlook will be limited for Financial sales representatives (NOC 63102) in the Southwest region for the 2023-2025 period.

The following factors contributed to this outlook:

Employment decline will lead to the loss of some positions.
Not many 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 sales representatives in the Southwest region:

Approximately 160 people worked in this occupation in May 2021.
Financial sales representatives mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%

Source Labour Market Information | Prospects Methodology