Job prospects Retail Loss Prevention Officer in Prince Edward Island

Explore current and future job prospects for people working as a "retail loss prevention officer" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be moderate for Security guards and related security service occupations (NOC 64410) in Prince Edward Island for the 2024-2026 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.

Turnover is relatively high in this occupation. This can be explained by difficult working conditions such as irregular working hours, etc. and the fact that a significant percentage of candidates for investigator or store detective, military and even police officer positions accept employment in this occupation before securing jobs in their field of choice. Also, the number of those employed tends to be higher during the tourist season. As a result, some of the job openings will be seasonal or for part of the year.

The labour pool consists of three very different groups: young people with little education; candidates for whom it is a second career; and individuals who have had training in security and apply for employment in this occupation. The activities of security agencies are diversifying: road signs, monitoring of shops, surveillance of businesses, hotels and buildings, protection of individuals in various forms, and bodyguard services.

Here are some key facts about Security guards and related security service occupations in Prince Edward Island:

• Approximately 350 people work in this occupation.
• Security guards and related security service occupations mainly work in the following sectors:
  • Management and administrative services (NAICS 55, 56): 71%
  • Arts, entertainment and recreation (NAICS 71): 9%
  • Federal government public administration (NAICS 911): 7%
  • Other retail stores (NAICS 44-45, except 445): 5%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 70% compared to 84% for all occupations
  • Part-time workers: 30% compared to 16% for all occupations
• 61% of security guards and related security service occupations work all year, while 39% 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 41 weeks compared to 41 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 81% compared to 51% for all occupations
  • Women: 19% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 11% compared to 11% for all occupations
  • high school diploma or equivalent: 39% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: 15% compared to 11% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 24% compared to 25% for all occupations
  • bachelor's degree: 8% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: less than 5% compared to 8% for all occupations

Job prospects elsewhere in Canada

Explore current and future job prospects for people working as a "retail loss prevention officer" Security guards and related security service occupations (NOC 64410) or across Canada.

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