Job prospects Derrick Mechanic in Newfoundland and Labrador

Explore current and future job prospects for people working as a "derrick mechanic" in Newfoundland and Labrador or across Canada.

Job opportunities in Newfoundland and Labrador

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be good for Construction millwrights and industrial mechanics (NOC 72400) in Newfoundland and Labrador for the 2024-2026 period.

The following factors contributed to this outlook:

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

Employment prospects for this occupation are driven by an increase in non-residential construction over the forecast period, as well as a healthy and growing mining industry. In addition, opportunities arising through anticipated retirements should be higher than average. This would create job vacancies to be filled.

Here are some key facts about Construction millwrights and industrial mechanics in Newfoundland and Labrador:

• Approximately 1,650 people work in this occupation.
• Construction millwrights and industrial mechanics mainly work in the following sectors:
  • Mining and quarrying (NAICS 212): 31%
  • Construction (NAICS 23): 19%
  • Support activities for mining, quarrying, and oil and gas extraction (NAICS 213): 6%
  • Paper manufacturing (NAICS 322): 5%
  • Other manufacturing (NAICS 313-316, 325-327, 331, 334-335, 337, 339): 5%
• 55% of construction millwrights and industrial mechanics work all year, while 45% work only part of the year, compared to 56% and 43% respectively among all occupations. Those who worked only part of the year did so for an average of 40 weeks compared to 40 weeks for all occupations.
• Less than 5% of construction millwrights and industrial mechanics are self-employed compared to an average of 8% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 95% compared to 51% for all occupations
  • Women: 5% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 6% compared to 27% for all occupations
  • apprenticeship or trades certificate or diploma: 65% compared to 17% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 23% compared to 23% for all occupations
  • bachelor's degree: less than 5% compared to 14% for all occupations
  • university certificate, degree or diploma above bachelor level: less than 5% compared to 7% for all occupations

Breakdown by region

Explore job prospects in Newfoundland and Labrador by economic region.

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

Explore current and future job prospects for people working as a "derrick mechanic" in Newfoundland and Labrador or across Canada.

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