Job prospects Cost Accounting Clerk in Newfoundland and Labrador

Explore current and future job prospects for people working as a "cost accounting clerk" in Newfoundland and Labrador or across Canada.

Job opportunities in Newfoundland and Labrador

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Accounting and related clerks (NOC 14200) in Newfoundland and Labrador for the 2023-2025 period.

The following factors contributed to this outlook:

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

Strong computer skills are an asset in finding work in this occupation. Beyond financial skills, some clerical duties may also be required. Those willing to work overtime and on weekends during tax season and at the end of financial reporting periods will have better job prospects.

Here are some key facts about Accounting and related clerks in Newfoundland and Labrador:

  • Approximately 1,750 people work in this occupation.
  • Accounting and related clerks mainly work in the following sectors:
    • Other retail stores (NAICS 44-45, except 445): 11%
    • Construction (NAICS 23): 9%
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 7%
    • Hospitals (NAICS 622): 7%
    • Wholesale trade (NAICS 41): 6%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 92% compared to 83% for all occupations
    • Part-time workers: 8% compared to 17% for all occupations
  • 66% of accounting and related clerks work all year, while 34% work only part of the year, compared to 56% and 43% respectively among all occupations. Those who worked only part of the year did so for an average of 43 weeks compared to 40 weeks for all occupations.
  • Less than 5% of accounting and related clerks are self-employed compared to an average of 8% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 16% compared to 51% for all occupations
    • Women: 84% 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: 22% compared to 27% for all occupations
    • apprenticeship or trades certificate or diploma: 13% compared to 17% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 47% compared to 23% for all occupations
    • bachelor's degree: 15% compared to 14% for all occupations
    • university certificate, degree or diploma above bachelor level: less than 5% compared to 7% for all occupations

Breakdown by region

Explore job prospects in Newfoundland and Labrador 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 "cost accounting clerk" Accounting and related clerks (NOC 14200) or across Canada.

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Labour Market Information Survey
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