Job prospects Assistant Manager - Wholesale Trade near Charlottetown (PE)

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Over the past few years (2021-2023), there was a labour shortage for Retail and wholesale trade managers near Charlottetown (PE). There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be moderate for Retail and wholesale trade managers (NOC 60020) in Prince Edward Island for the 2023-2025 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.

Employment demand in this occupation is mostly driven by consumer spending in retail operations and is expected to be positive over the forecast period. Although the Island economy is projected to moderate, continued population growth should help support domestic spending on goods and services.

Job prospects will be more favourable for individuals with retail management experience, proficiency in computer applications and knowledge of the employer's business line. Many smaller-scale operations including some general merchandise stores will continue to be challenged by the growing market strength of large retail chain stores across the province.

Here are some key facts about Retail and wholesale trade managers in Prince Edward Island:

• Approximately 1,250 people work in this occupation.
• Retail and wholesale trade managers mainly work in the following sectors:
  • Other retail stores (NAICS 44-45, except 445): 75%
  • Food and beverage stores (NAICS 445): 13%
  • Wholesale trade (NAICS 41): 8%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 93% compared to 84% for all occupations
  • Part-time workers: 7% compared to 16% for all occupations
• 77% of retail and wholesale trade managers work all year, while 23% 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 47 weeks compared to 41 weeks for all occupations.
• 32% of retail and wholesale trade managers are self-employed compared to an average of 13% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 60% compared to 51% for all occupations
  • Women: 40% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 6% compared to 11% for all occupations
  • high school diploma or equivalent: 35% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: 11% compared to 11% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 26% compared to 25% for all occupations
  • bachelor's degree: 17% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 6% compared to 8% for all occupations

Source Labour Market Information | Prospects Methodology