Job prospects Cost Engineer in British Columbia

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Explore current and future job prospects for people working as a "cost engineer" in British Columbia or across Canada.

Job opportunities in British Columbia

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be limited for Industrial and manufacturing engineers (NOC 21321) in British Columbia 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 moderate number of unemployed workers with recent experience in this occupation.
• Due to the seasonal nature of this occupation, employment opportunities tend to be more favourable during the summer months.

• Demand for engineering professions will continue to be high. Increased educational requirements and a high level of technical knowledge required for these positions make recruitment difficult.

Here are some key facts about Industrial and manufacturing engineers in British Columbia:

• Approximately 2,400 people work in this occupation.
• Industrial and manufacturing engineers mainly work in the following sectors:
  • Computer, electronic and electrical product manufacturing (NAICS 334-335): 20%
  • Architectural, engineering and design services (NAICS 5413): 16%
  • Machinery manufacturing (NAICS 333): 8%
  • Computer systems design services (NAICS 5415): 7%
  • Ship and Boat Building (NAICS 3366): 6%
• 79% of industrial and manufacturing engineers work all year, while 21% 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 47 weeks compared to 42 weeks for all occupations.
• 9% of industrial and manufacturing engineers are self-employed compared to an average of 17% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 80% compared to 52% for all occupations
  • Women: 20% 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: less than 5% compared to 17% for all occupations
  • bachelor's degree: 57% compared to 22% for all occupations
  • university certificate, degree or diploma above bachelor level: 31% compared to 12% for all occupations

Breakdown by region

Explore job prospects in British Columbia by economic region.

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as a "cost engineer" in British Columbia or across Canada.

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