Job prospects Economic Advisor in British Columbia

Explore current and future job prospects for people working as an "economic advisor" in British Columbia or across Canada.

Job opportunities in British Columbia

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Economists and economic policy researchers and analysts (NOC 41401) in British Columbia for the 2024-2026 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a few 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 British Columbia:

  • Approximately 1,950 people worked in this occupation in May 2021.
  • Economists and economic policy researchers and analysts mainly work in the following sectors:
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 20%
    • Provincial and territorial public administration (NAICS 912): 18%
    • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 14%
    • Federal government public administration (NAICS 911): 12%
    • Insurance Carriers and related activities (NAICS 524, 526): 6%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 91% compared to 78% for all occupations
    • Part-time workers: 9% compared to 22% for all occupations
  • 78% of economists and economic policy researchers and analysts work all year, while 22% work only part of the year, compared to 61% and 39% 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.
  • 12% of economists and economic policy researchers and analysts are self-employed compared to an average of 17% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 53% compared to 52% for all occupations
    • Women: 47% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 8% for all occupations
    • high school diploma or equivalent: less than 5% compared to 28% for all occupations
    • apprenticeship or trades certificate or diploma: less than 5% compared to 13% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 8% compared to 17% for all occupations
    • bachelor's degree: 39% compared to 22% for all occupations
    • university certificate, degree or diploma above bachelor level: 48% compared to 12% for all occupations

Breakdown by region

Explore job prospects in British Columbia 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

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

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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