Job prospects Finance Technician in Northwest Territories

Explore current and future job prospects for people working as a "finance technician" in Northwest Territories or across Canada.

Job opportunities in Northwest Territories

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be moderate for Accounting technicians and bookkeepers (NOC 12200) in Northwest Territories for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some positions.
• Several positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

Accounting technicians and bookkeepers are employed by nearly all industries in Northwest Territories Job opportunities for this occupation are closely tied to overall health of the territory’s economy, which is expected to remain moderate for the next few years.

Here are some key facts about Accounting technicians and bookkeepers in Northwest Territories:

• Approximately 250 people worked in this occupation in May 2021.
• Accounting technicians and bookkeepers mainly work in the following sectors:
  • Public Administration and Defence (NAICS 91): 42%
  • Other Commercial Services (NAICS 54-56, 81): 25%
  • Construction (NAICS 23): 7%
  • Wholesale and Retail Trade (NAICS 41, 44-45): 6%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 6%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 91% compared to 88% for all occupations
  • Part-time workers: 9% compared to 12% for all occupations
• 91% of accounting technicians and bookkeepers work all year, while 9% work only part of the year, compared to 71% and 28% respectively among all occupations. Those who worked only part of the year did so for an average of 50 weeks compared to 44 weeks for all occupations.
• 19% of accounting technicians and bookkeepers are self-employed compared to an average of 7% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 17% compared to 52% for all occupations
  • Women: 83% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 8% compared to 17% for all occupations
  • high school diploma or equivalent: 27% compared to 26% for all occupations
  • apprenticeship or trades certificate or diploma: 15% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 31% compared to 18% for all occupations
  • bachelor's degree: 19% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: less than 5% compared to 9% for all occupations

Labour market conditions over the next 10 years

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