Job prospects Cost Financial Analyst in Newfoundland and Labrador

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Explore current and future job prospects for people working as a "cost financial analyst" 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

The employment outlook will be moderate for Financial and investment analysts (NOC 11101) 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.
• Not many 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 and investment analysts in Newfoundland and Labrador:

• Approximately 200 people worked in this occupation in May 2021.
• Financial and investment analysts mainly work in the following sectors:
  • Universities (NAICS 6113): 22%
  • Insurance Carriers and related activities (NAICS 524, 526): 16%
  • Provincial and territorial public administration (NAICS 912): 14%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 12%
  • Utilities (NAICS 22): 10%
• 88% of financial and investment analysts work all year, while 12% 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 49 weeks compared to 40 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 36% compared to 51% for all occupations
  • Women: 64% 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: n/a
  • apprenticeship or trades certificate or diploma: n/a
  • college certificate or diploma or university certificate below bachelor's: 28% compared to 23% for all occupations
  • bachelor's degree: 47% compared to 14% for all occupations
  • university certificate, degree or diploma above bachelor level: 22% compared to 7% for all occupations

Breakdown by region

Explore job prospects in Newfoundland and Labrador by economic region.

Source Labour Market Information | Prospects Methodology