Job prospects Paymaster in Nova Scotia

Explore current and future job prospects for people working as a "paymaster" 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

Good

The employment outlook will be good for Supervisors, finance and insurance office workers (NOC 12011) in Nova Scotia 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 small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Supervisors, finance and insurance office workers in Nova Scotia:

  • Approximately 1,250 people work in this occupation.
  • Supervisors, finance and insurance office workers mainly work in the following sectors:
    • Insurance Carriers and related activities (NAICS 524, 526): 16%
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 16%
    • Truck transportation (NAICS 484): 8%
    • Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 7%
    • Utilities (NAICS 22): 5%
  • 93% of supervisors, finance and insurance office workers work all year, while 7% 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 49 weeks compared to 42 weeks for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 23% compared to 51% for all occupations
    • Women: 77% compared to 49% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 10% for all occupations
    • high school diploma or equivalent: 26% compared to 27% for all occupations
    • apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 33% compared to 22% for all occupations
    • bachelor's degree: 28% compared to 20% for all occupations
    • university certificate, degree or diploma above bachelor level: less than 5% compared to 10% for all occupations

Breakdown by region

Explore job prospects in Nova Scotia by economic region.

Legend

0 out of 5 stars
Undetermined
1 out of 5 stars
Very limited
2 out of 5 stars
Limited
3 out of 5 stars
Moderate
4 out of 5 stars
Good
5 out of 5 stars
Very good

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 "paymaster" Supervisors, finance and insurance office workers (NOC 12011) or across Canada.

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Labour Market Information Survey
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