Job prospects Banking Advisor in the Southwest Region

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Over the past few years (2021-2023), there was a labour shortage for Other financial officers in the Southwest Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be moderate for Financial advisors (NOC 11102) in the Southwest region for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some 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 advisors in the Southwest region:

• Approximately 200 people worked in this occupation in May 2021.
• Financial advisors mainly work in the following sectors:
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%

Source Labour Market Information | Prospects Methodology