Job prospects Business Services Officer near Cold Lake (AB)

Over the past few years (2021-2023), the labour market was balanced for Administrative officers near Cold Lake (AB). The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be moderate for Administrative officers (NOC 13100) in the Wood Buffalo - Cold Lake region 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 several 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 Administrative officers in the Wood Buffalo - Cold Lake region:

• Approximately 1,050 people worked in this occupation in May 2021.
• Administrative officers mainly work in the following sectors:
  • Construction (NAICS 23): 15%
  • Ambulatory health care services and hospitals (NAICS 621-622): 15%
  • Oil and gas extraction (NAICS 211, 213): 10%
  • Educational services (NAICS 61): 9%
  • Other services (except public administration) (NAICS 81): 9%

Source Labour Market Information | Prospects Methodology