Job prospects Economic Development Consultant in Northwest Territories

Explore current and future job prospects for people working as an "economic development consultant" 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 very limited for Business development officers and market researchers and analysts (NOC 41402) in Northwest Territories for the 2023-2025 period.

The following factors contributed to this outlook:

• Not many positions will become available due to retirements.
• There are several unemployed workers with recent experience in this occupation.

Here are some key facts about Business development officers and market researchers and analysts in Northwest Territories:

• Approximately 100 people worked in this occupation in May 2021.
• Business development officers and market researchers and analysts mainly work in the following sectors:
  • Public Administration and Defence (NAICS 91): 83%
  • Other Commercial Services (NAICS 54-56, 81): 17%
• 69% of business development officers and market researchers and analysts work all year, while 31% 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 47 weeks compared to 44 weeks for all occupations.
• 20% of business development officers and market researchers and analysts are self-employed compared to an average of 7% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 60% compared to 52% for all occupations
  • Women: 40% 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: 13% compared to 26% for all occupations
  • apprenticeship or trades certificate or diploma: n/a
  • college certificate or diploma or university certificate below bachelor's: 13% compared to 18% for all occupations
  • bachelor's degree: 47% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 13% compared to 9% for all occupations