Job prospects Regulatory Affairs Associate in the Fredericton–Oromocto

Over the past few years (2021-2023), there was a labour shortage for Professional occupations in business management consulting in the Fredericton–Oromocto. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Professional occupations in business management consulting (NOC 11201) in the Fredericton - Oromocto region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment is expected to remain relatively stable.
• Several positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

• A growing emphasis on the knowledge-based economy and increasing use of modern technologies are key factors driving employment growth in this profession.
• Many job openings will be created as a result of increasing reliance on artificial intelligence, big data and data analytics, as well as the use of social media in advertising campaigns and public relations management.
• Significant experience in business and operational management is generally required.
• Job prospects are often greater in the province's larger urban centres (Fredericton, Moncton and Saint John), which have higher concentrations of business services.

Here are some key facts about Professional occupations in business management consulting in the Fredericton - Oromocto region:

• Approximately 300 people worked in this occupation in May 2021.
• Professional occupations in business management consulting mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 44%
  • Utilities (NAICS 22): 19%
  • Provincial and territorial public administration (NAICS 912): 11%
  • Federal government public administration (NAICS 911): 7%
  • Retail Trade (NAICS 44-45): 7%

Source Labour Market Information | Prospects Methodology