Job prospects Market Research Specialist in Prince Edward Island

Explore current and future job prospects for people working as a "market research specialist" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be moderate for Business development officers and market researchers and analysts (NOC 41402) in Prince Edward Island for the 2023-2025 period.

The following factors contributed to this outlook:

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

Here are some key facts about Business development officers and market researchers and analysts in Prince Edward Island:

• Approximately 200 people worked in this occupation in May 2021.
• Business development officers and market researchers and analysts mainly work in the following sectors:
  • Provincial and territorial public administration (NAICS 912): 27%
  • Federal government public administration (NAICS 911): 26%
  • Other services (except public administration) (NAICS 81): 14%
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 13%
  • Accommodation services (NAICS 721): 6%
• 69% of business development officers and market researchers and analysts work all year, while 31% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 45 weeks compared to 41 weeks for all occupations.
• 15% of business development officers and market researchers and analysts are self-employed compared to an average of 13% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 50% compared to 51% for all occupations
  • Women: 50% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: n/a
  • high school diploma or equivalent: less than 5% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: n/a
  • college certificate or diploma or university certificate below bachelor's: 14% compared to 25% for all occupations
  • bachelor's degree: 55% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 21% compared to 8% for all occupations