Job prospects Retail Pharmacist near Charlottetown (PE)

Over the past few years (2021-2023), there was a labour shortage for Pharmacists near Charlottetown (PE). 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 good for Pharmacists (NOC 31120) in Prince Edward Island for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of positions will become available due to retirements.

As the population continues to age, the growing need for prescription drugs and health services will support the demand for this occupation. An increase in the number of pharmacies at retail chains, combined with added services to improve access to care, may add to employment opportunities.

As part of their annual licensing requirements, pharmacists must take a certain amount of continuing education in order keep up to date on industry and product information. In addition, as alternative remedies and non-prescription medicines become more popular and the demand for other health professions increases, the teaching or consulting role of pharmacists will continue to evolve.

Here are some key facts about Pharmacists in Prince Edward Island:

• Approximately 250 people work in this occupation.
• Pharmacists mainly work in the following sectors:
  • Other retail stores (NAICS 44-45, except 445): 80%
  • Hospitals (NAICS 622): 17%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 89% compared to 84% for all occupations
  • Part-time workers: 11% compared to 16% for all occupations
• 77% of pharmacists work all year, while 23% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 41 weeks for all occupations.
• 11% of pharmacists are self-employed compared to an average of 13% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 30% compared to 51% for all occupations
  • Women: 70% 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: n/a
  • bachelor's degree: 83% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 17% compared to 8% for all occupations

Source Labour Market Information | Prospects Methodology