Job prospects Compensation Consultant in the Stratford–Bruce Peninsula Region

Explore current and future job prospects for people working as "Human resources professionals" in the Stratford–Bruce Peninsula Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Labour shortage

Over the past few years (2021-2023), there was a labour shortage for Human resources professionals in the Stratford–Bruce Peninsula Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Very good

The employment outlook will be very good for Human resources professionals (NOC 11200) in the Stratford - Bruce Peninsula region for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new positions.
  • Several 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 Human resources professionals in the Stratford - Bruce Peninsula region:

  • Approximately 470 people worked in this occupation in May 2021.
  • Human resources professionals mainly work in the following sectors:
    • Professional, scientific and technical services (NAICS 54): 20%
    • Motor vehicle, body, trailer and parts manufacturing (NAICS 3361-3363): 11%
    • Utilities (NAICS 22): 11%
    • Nursing and residential care facilities and social assistance (NAICS 623-624): 10%
    • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 9%

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Find out what will be the job prospects for Human resources professionals across Canada over the next 10 years, from 2022 to 2031.

Learn more

Labour Market Information Survey
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