Job prospects Payroll Technician in the Wood Buffalo–Cold Lake Region

Over the past few years (2021-2023), there was a labour surplus for Payroll administrators in the Wood Buffalo–Cold Lake Region. There were more workers available than job openings in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be limited for Payroll administrators (NOC 13102) in the Wood Buffalo - Cold Lake region for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some positions.
• Several 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 Payroll administrators in the Wood Buffalo - Cold Lake region:

• Approximately 170 people worked in this occupation in May 2021.
• Payroll administrators mainly work in the following sectors:
  • Construction (NAICS 23): 22%
  • Educational services (NAICS 61): 16%
  • Retail Trade (NAICS 44-45): 15%
  • Wholesale trade (NAICS 41): 12%
  • Management and Administrative Services (NAICS 55-56): 10%

Source Labour Market Information | Prospects Methodology