Job prospects Economic Development Consultant in Nova Scotia

Explore current and future job prospects for people working as an "economic development consultant" in Nova Scotia or across Canada.

Job opportunities in Nova Scotia

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Business development officers and market researchers and analysts (NOC 41402) in Nova Scotia 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 a moderate number of unemployed workers with recent experience in this occupation.

Here are some key facts about Business development officers and market researchers and analysts in Nova Scotia:

  • Approximately 600 people work in this occupation.
  • Business development officers and market researchers and analysts mainly work in the following sectors:
    • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 15%
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 9%
    • Provincial and territorial public administration (NAICS 912): 9%
    • Computer systems design services (NAICS 5415): 9%
    • Other retail stores (NAICS 44-45, except 445): 5%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 90% compared to 82% for all occupations
    • Part-time workers: 10% compared to 18% for all occupations
  • 75% of business development officers and market researchers and analysts work all year, while 25% 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 46 weeks compared to 42 weeks for all occupations.
  • 11% of business development officers and market researchers and analysts are self-employed compared to an average of 11% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 48% compared to 51% for all occupations
    • Women: 52% compared to 49% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 10% for all occupations
    • high school diploma or equivalent: 14% compared to 27% 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: 14% compared to 22% for all occupations
    • bachelor's degree: 45% compared to 20% for all occupations
    • university certificate, degree or diploma above bachelor level: 21% compared to 10% for all occupations

Breakdown by region

Explore job prospects in Nova Scotia by economic region.

Legend

0 out of 5 stars
Undetermined
1 out of 5 stars
Very limited
2 out of 5 stars
Limited
3 out of 5 stars
Moderate
4 out of 5 stars
Good
5 out of 5 stars
Very good
Location Job prospects
Annapolis Valley Region Undetermined
Cape Breton Region Undetermined
Halifax Region Moderate
North Shore Region Undetermined
Southern Region Undetermined

Source Labour Market Information | Prospects Methodology

Labour Market Information Survey
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