Job prospects Cost Engineer in New Brunswick
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Explore current and future job prospects for people working as a "cost engineer" 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

Moderate

The employment outlook will be moderate for Industrial and manufacturing engineers (NOC 21321) in New Brunswick 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.

Here are some key facts about Industrial and manufacturing engineers in New Brunswick:

  • Approximately 150 people worked in this occupation in May 2021.
  • Industrial and manufacturing engineers mainly work in the following sectors:
    • Architectural, engineering and design services (NAICS 5413): 32%
    • Wholesale trade (NAICS 41): 15%
    • Computer systems design services (NAICS 5415): 12%
    • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 11%
    • Miscellaneous manufacturing (NAICS 339): 11%
  • 72% of industrial and manufacturing engineers work all year, while 28% 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 45 weeks compared to 42 weeks for all occupations.
  • 11% of industrial and manufacturing engineers are self-employed compared to an average of 10% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 73% compared to 52% for all occupations
    • Women: 27% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: n/a
    • high school diploma or equivalent: n/a
    • apprenticeship or trades certificate or diploma: n/a
    • college certificate or diploma or university certificate below bachelor's: n/a
    • bachelor's degree: 59% compared to 16% for all occupations
    • university certificate, degree or diploma above bachelor level: 22% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick 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
Campbellton–Miramichi Region Undetermined
Edmundston–Woodstock Region Undetermined
Fredericton–Oromocto Moderate
Moncton–Richibucto Region Moderate
Saint John–St. Stephen Region Moderate

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 New Brunswick or across Canada.

Learn more

Labour Market Information Survey
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