Job prospects Financial Analyst in the Estrie Region

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Over the past few years (2021-2023), there was a labour surplus for Financial and investment analysts in the Estrie Region. There were more workers available than job openings in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Financial and investment analysts (NOC 11101) in the Estrie region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Not many positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

The employment outlook for this occupational group primarily depends on the finance and insurance sectors.

Increased demand for personalized consulting services (related to retirement and succession) resulting from population aging, the diversification of financial products for individuals and businesses, and the increased value of investment portfolios should boost employment for these professionals.

The increasingly frequent use of online electronic services (such as banking, mortgage calculators or insurance coverage purchases), as well as the growing role of artificial intelligence, could limit the impact of factors favourable to this profession.

While the employment outlook for this occupational group will be moderate at the provincial level, it will be very good in Centre-du-Québec.

Here are some key facts about Financial and investment analysts in the Estrie region:

• Approximately 270 people worked in this occupation in May 2021.
• Financial and investment analysts mainly work in the following sectors:
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 63%
  • Transportation equipment manufacturing (NAICS 336): 16%
  • Paper manufacturing (NAICS 322): 6%

Source Labour Market Information | Prospects Methodology