Job prospects Chief Operating Officer - Financial, Communications And Other Business Services in the Vancouver Island and Coast Region

Explore current and future job prospects for people working as "Senior managers - financial, communications and other business services" in the Vancouver Island and Coast Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Labour shortage

Over the past few years (2021-2023), there was a labour shortage for Senior managers - financial, communications and other business services in the Vancouver Island and Coast Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Moderate

The employment outlook will be moderate for Senior managers - financial, communications and other business services (NOC 00012) in the Vancouver Island and Coast region for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment decline will lead to the loss of some positions.
  • Several positions will become available due to retirements.

Here are some key facts about Senior managers - financial, communications and other business services in the Vancouver Island and Coast region:

  • Senior managers - financial, communications and other business services mainly work in the following sectors:
    • Professional, scientific and technical services (NAICS 54): 16%
    • Provincial and territorial public administration (NAICS 912): 13%
    • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 8%
    • Construction (NAICS 23): 8%
    • Nursing and residential care facilities and social assistance (NAICS 623-624): 7%

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Find out what will be the job prospects for Senior managers - financial, communications and other business services across Canada over the next 10 years, from 2022 to 2031.

Learn more

Labour Market Information Survey
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