Job prospects Economic Development Officer in New Brunswick

Explore current and future job prospects for people working as an "economic development officer" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be limited for Business development officers and market researchers and analysts (NOC 41402) in New Brunswick for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Not many positions will become available due to retirements.
• There are several unemployed workers with recent experience in this occupation.

Here are some key facts about Business development officers and market researchers and analysts in New Brunswick:

• Approximately 550 people worked in this occupation in May 2021.
• Business development officers and market researchers and analysts mainly work in the following sectors:
  • Provincial and territorial public administration (NAICS 912): 16%
  • Federal government public administration (NAICS 911): 15%
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 11%
  • Other retail stores (NAICS 44-45, except 445): 10%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 6%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 93% compared to 84% for all occupations
  • Part-time workers: 7% compared to 16% for all occupations
• 83% of business development officers and market researchers and analysts work all year, while 17% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.
• 16% of business development officers and market researchers and analysts are self-employed compared to an average of 10% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 59% compared to 52% for all occupations
  • Women: 41% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 19% compared to 30% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 18% compared to 23% for all occupations
  • bachelor's degree: 41% compared to 16% for all occupations
  • university certificate, degree or diploma above bachelor level: 16% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

Source Labour Market Information | Prospects Methodology