Job prospects Economic Development Consultant in British Columbia

Explore current and future job prospects for people working as an "economic development consultant" in British Columbia or across Canada.

Job opportunities in British Columbia

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be limited for Business development officers and market researchers and analysts (NOC 41402) in British Columbia for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some positions.
• A moderate number of positions will become available due to retirements.
• There are several unemployed workers with recent experience in this occupation.

Here are some key facts about Business development officers and market researchers and analysts in British Columbia:

• Approximately 3,050 people work in this occupation.
• Business development officers and market researchers and analysts mainly work in the following sectors:
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 17%
  • Computer systems design services (NAICS 5415): 11%
  • Other retail stores (NAICS 44-45, except 445): 8%
  • Wholesale trade (NAICS 41): 6%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 5%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 88% compared to 78% for all occupations
  • Part-time workers: 12% compared to 22% for all occupations
• 68% of business development officers and market researchers and analysts work all year, while 32% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 43 weeks compared to 42 weeks for all occupations.
• 19% of business development officers and market researchers and analysts are self-employed compared to an average of 17% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 56% compared to 52% for all occupations
  • Women: 43% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 8% for all occupations
  • high school diploma or equivalent: 14% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 13% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 15% compared to 17% for all occupations
  • bachelor's degree: 42% compared to 22% for all occupations
  • university certificate, degree or diploma above bachelor level: 24% compared to 12% for all occupations

Breakdown by region

Explore job prospects in British Columbia by economic region.

Source Labour Market Information | Prospects Methodology