Job prospects Subsea Engineer in the Toronto Region

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Explore current and future job prospects for people working as "Petroleum engineers" in the Toronto Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Undetermined

We were not able to determine labour market conditions for Petroleum engineers in the Toronto Region over the past few years (2021-2023) because of low employment levels in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Good

The employment outlook will be good for Petroleum engineers (NOC 21332) in the Toronto 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 a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Petroleum engineers in the Toronto region:

Approximately 140 people worked in this occupation in May 2021.
Petroleum engineers mainly work in the following sectors:
- Mining, quarrying, and oil and gas extraction (NAICS 21): 32%
- Professional, scientific and technical services (NAICS 54): 25%
- Petroleum and coal product manufacturing (NAICS 324): 11%
- Transportation and warehousing (NAICS 48-49): 9%
- Utilities (NAICS 22): 7%

Source Labour Market Information | Prospects Methodology