Job prospects Psychiatric Nurse in Prince Edward Island

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Explore current and future job prospects for people working as a "psychiatric nurse" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Very good

The employment outlook will be very good for Registered nurses and registered psychiatric nurses (NOC 31301) in Prince Edward Island for the 2023-2025 period.

The following factors contributed to this outlook:

Employment growth will lead to several 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.

The prospect for employment in this occupation is very good as there continues to be a shortage of nurses and a considerable number of vacancies throughout the province. Financial incentives have been offered to recruit and retain nurses, among other health care professionals.

The demand for nurses will remain strong over the forecast period as there will be a need to replace workers who retire. New entrants to nursing should not have too much trouble finding work. The demand for workers in this occupation will depend on growing health care needs driven by the aging population, growth in immigration, and government health care priorities.

Here are some key facts about Registered nurses and registered psychiatric nurses in Prince Edward Island:

Approximately 1,450 people work in this occupation.
Registered nurses and registered psychiatric nurses mainly work in the following sectors:
- Hospitals (NAICS 622): 80%
- Nursing and residential care facilities (NAICS 623): 9%
- Ambulatory health care services (NAICS 621): 5%
The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 78% compared to 84% for all occupations
- Part-time workers: 22% compared to 16% for all occupations
75% of registered nurses and registered psychiatric nurses work all year, while 25% 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 45 weeks compared to 41 weeks for all occupations.
Less than 5% of registered nurses and registered psychiatric nurses are self-employed compared to an average of 13% for all occupations.
The gender distribution of people in this occupation is:
- Men: 7% compared to 51% for all occupations
- Women: 93% compared to 49% for all occupations
The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 11% for all occupations
- high school diploma or equivalent: less than 5% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: less than 5% compared to 11% for all occupations
- college certificate or diploma or university certificate below bachelor's: 31% compared to 25% for all occupations
- bachelor's degree: 57% compared to 17% for all occupations
- university certificate, degree or diploma above bachelor level: 7% compared to 8% for all occupations