Job prospects Risk Management Analyst in Nova Scotia

Explore current and future job prospects for people working as a "risk management analyst" in Nova Scotia or across Canada.

Job opportunities in Nova Scotia

These outlooks were updated on November 29, 2023.

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 a "risk management analyst" Economists and economic policy researchers and analysts (NOC 41401) or across Canada.

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