Job prospects Analyst, Methods And Cost in the Edmonton Region

Over the past few years (2021-2023), there was a labour shortage for Professional occupations in business management consulting in the Edmonton Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be good for Professional occupations in business management consulting (NOC 11201) in the Edmonton region for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a few new positions.
• Several positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

The Conference Board of Canada is forecasting Alberta’s real GDP will expand by 2.6% in 2023 before slowing to 1.9% in 2024. Similarly, they are projecting the labour market to cool in late 2023 and into 2024. Higher for longer inflation may also have some firms rethinking expansion resulting in muted employment growth for this occupation. 

An aging workforce transitioning to retirement will create vacancies for job seekers.

Here are some key facts about Professional occupations in business management consulting in the Edmonton region:

• Approximately 5,050 people work in this occupation.
• Professional occupations in business management consulting mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 53%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 8%
  • Provincial and territorial public administration (NAICS 912): 7%

Source Labour Market Information | Prospects Methodology