Job prospects Insulator near Cold Lake (AB)

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Explore current and future job prospects for people working as "Insulators" near Cold Lake (AB) or across Canada.

Current and future job prospects

Note: These outlooks were updated on November 29^th, 2023. Learn more about our methodology.

Recent trends from the past 3 years

Balanced

Over the past few years (2020-2022), the labour market was balanced for Insulators near Cold Lake (AB). 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

Moderate

The employment outlook will be moderate for Insulators (NOC 72321) in the Wood Buffalo - Cold Lake region for the 2023-2025 period.

The following factors contributed to this outlook:

Employment growth will lead to several new positions.
A moderate number of positions will become available due to retirements.
There are several unemployed workers with recent experience in this occupation.

Here are some key facts about Insulators in the Wood Buffalo - Cold Lake region:

Approximately 160 people worked in this occupation in May 2021.
Insulators mainly work in the following sectors:
- Construction (NAICS 23): 56%
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 16%
- Oil and gas extraction (NAICS 211, 213): 15%
- Support activities for mining, oil and gas (NAICS 213): 8%

Source Labour Market Information | Prospects Methodology