Job prospects Loan Officer in Prince Edward Island
Explore current and future job prospects for people working as a "loan officer" in Prince Edward Island or across Canada.
Job opportunities in Prince Edward Island
These outlooks were updated on December 11, 2024.
Prospects over the next 3 years
The employment outlook will be moderate for Financial sales representatives (NOC 63102) in Prince Edward Island for the 2024-2026 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 moderate 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
Job prospects elsewhere in Canada
Explore current and future job prospects for people working as a "loan officer" Financial sales representatives (NOC 63102) or across Canada.
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