Job prospects Economic Advisor in Nova Scotia

Explore current and future job prospects for people working as an "economic advisor" in Nova Scotia or across Canada.

Job opportunities in Nova Scotia

These outlooks were updated on November 29^th, 2023. Learn more about outlooks.

Prospects over the next 3 years

The employment outlook will be moderate for Economists and economic policy researchers and analysts (NOC 41401) in Nova Scotia for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a few 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 Economists and economic policy researchers and analysts in Nova Scotia:

• Approximately 300 people worked in this occupation in May 2021.
• Economists and economic policy researchers and analysts mainly work in the following sectors:
  • Federal government public administration (NAICS 911): 18%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 16%
  • Provincial and territorial public administration (NAICS 912): 14%
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 13%
  • Insurance Carriers and related activities (NAICS 524, 526): 9%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 90% compared to 82% for all occupations
  • Part-time workers: 10% compared to 18% for all occupations
• 77% of economists and economic policy researchers and analysts work all year, while 23% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
• 8% of economists and economic policy researchers and analysts are self-employed compared to an average of 11% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 44% compared to 51% for all occupations
  • Women: 56% 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 27% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: less than 5% compared to 22% for all occupations
  • bachelor's degree: 43% compared to 20% for all occupations
  • university certificate, degree or diploma above bachelor level: 39% compared to 10% for all occupations

Breakdown by region

Explore job prospects in Nova Scotia by economic region.

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as an "economic advisor" Economists and economic policy researchers and analysts (NOC 41401) or across Canada.

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