Job prospects Credit Officer in Prince Edward Island

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

Moderate

The employment outlook will be moderate for Financial sales representatives (NOC 63102) in Prince Edward Island 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 Financial sales representatives in Prince Edward Island:

  • Approximately 150 people worked in this occupation in May 2021.
  • Financial sales representatives mainly work in the following sectors:
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 82%
    • Federal government public administration (NAICS 911): 18%
  • 94% of financial sales representatives work all year, while 6% 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 50 weeks compared to 41 weeks for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 26% compared to 51% for all occupations
    • Women: 74% compared to 49% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: n/a
    • high school diploma or equivalent: 46% compared to 28% for all occupations
    • apprenticeship or trades certificate or diploma: 9% compared to 11% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 26% compared to 25% for all occupations
    • bachelor's degree: 20% compared to 17% for all occupations
    • university certificate, degree or diploma above bachelor level: n/a

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as a "credit officer" Financial sales representatives (NOC 63102) or across Canada.

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Labour Market Information Survey
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