Job prospects Chief Risk Officer (CRO) - Financial, Communications And Other Business Services in Newfoundland and Labrador

Explore current and future job prospects for people working as a "Chief risk officer (CRO) - financial, communications and other business services" in Newfoundland and Labrador or across Canada.

Job opportunities in Newfoundland and Labrador

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

Good

The employment outlook will be good for Senior managers - financial, communications and other business services (NOC 00012) in Newfoundland and Labrador for the 2024-2026 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new 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 Senior managers - financial, communications and other business services in Newfoundland and Labrador:

  • Senior managers - financial, communications and other business services mainly work in the following sectors:
    • Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 10%
    • Religious, grant-making, civic, and professional and similar organizations (NAICS 813): 9%
    • Construction (NAICS 23): 8%
    • Social assistance (NAICS 624): 7%
    • Other retail stores (NAICS 44-45, except 445): 5%
  • 91% of senior managers - financial, communications and other business services work all year, while 9% 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 48 weeks compared to 40 weeks for all occupations.
  • 34% of senior managers - financial, communications and other business services are self-employed compared to an average of 8% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 63% compared to 51% for all occupations
    • Women: 37% 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: 17% compared to 27% for all occupations
    • apprenticeship or trades certificate or diploma: n/a
    • college certificate or diploma or university certificate below bachelor's: 22% compared to 23% for all occupations
    • bachelor's degree: 27% compared to 14% for all occupations
    • university certificate, degree or diploma above bachelor level: 24% 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

Job prospects elsewhere in Canada

Explore current and future job prospects for people working as a "Chief risk officer (CRO) - financial, communications and other business services" Senior managers - financial, communications and other business services (NOC 00012) or across Canada.

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Labour Market Information Survey
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