Job prospects Heavy Equipment Mechanic near Iqaluit (NU)

The employment outlook will be good for Heavy-duty equipment mechanics (NOC 72401) in Nunavut for the 2024-2026 period.

The following factors contributed to this outlook:

• A moderate number of positions will become available due to retirements.
• There are several unemployed workers with recent experience in this occupation.

• This occupation will benefit from major public and private construction projects scheduled in Nunavut over the next few years. For example, as part of the territorial government's $2.6 billion Nunavut 3000 project, about 1,000 new housing units are planned to be built by the end of 2025.
• Canada's interest and inflation rates started to decline in 2024, which may stimulate economic activities in the construction sector.

Here are some key facts about Heavy-duty equipment mechanics in Nunavut:

• Approximately 50 people worked in this occupation in May 2021.
• Heavy-duty equipment mechanics mainly work in the following sectors:
  • Public Administration and Defence (NAICS 91): 24%
  • Construction (NAICS 23): 21%
  • Mining, quarrying, and oil and gas extraction (NAICS 21): 19%
  • Wholesale and Retail Trade (NAICS 41, 44-45): 14%
  • Transportation and warehousing (NAICS 48-49): 7%
• The gender distribution of people in this occupation is:
  • Men: more than 95% compared to 51% for all occupations
  • Women: less than 5% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 50% compared to 37% for all occupations
  • high school diploma or equivalent: n/a
  • apprenticeship or trades certificate or diploma: n/a
  • college certificate or diploma or university certificate below bachelor's: n/a
  • bachelor's degree: n/a
  • university certificate, degree or diploma above bachelor level: n/a

Source Labour Market Information | Prospects Methodology