Job prospects Contractor, Residential Homes in New Brunswick
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Explore current and future job prospects for people working as a "contractor, residential homes" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Good

The employment outlook will be good for Home building and renovation managers (NOC 70011) in New Brunswick 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.
  • Housing shortages (particularly in urban centres) and investments in new and affordable housing are expected to sustain demand for these positions over the forecast period.
  • These are not entry-level positions and are typically filled from within. Advancement to a management position in this industry depends upon experience and relevant education.
  • Since the occupation is becoming more complex due to changing standards and technologies, candidates must stay current on new construction practices.
  • Knowledge of green building practices, demonstrated through Leadership in Energy and Environmental Design (LEED), or a similar certification, may result in greater career prospects.
  • A valid driver’s license is necessary for this work and a lot of work is carried out in rural areas.

Here are some key facts about Home building and renovation managers in New Brunswick:

  • Approximately 1,900 people work in this occupation.
  • Home building and renovation managers mainly work in the following sectors:
    • Construction (NAICS 23): more than 95%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 83% compared to 84% for all occupations
    • Part-time workers: 17% compared to 16% for all occupations
  • 43% of home building and renovation managers work all year, while 56% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 37 weeks compared to 42 weeks for all occupations.
  • 76% of home building and renovation managers are self-employed compared to an average of 10% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 95% compared to 52% for all occupations
    • Women: 5% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: 10% compared to 11% for all occupations
    • high school diploma or equivalent: 42% compared to 30% for all occupations
    • apprenticeship or trades certificate or diploma: 22% compared to 12% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 16% compared to 23% for all occupations
    • bachelor's degree: 7% compared to 16% for all occupations
    • university certificate, degree or diploma above bachelor level: less than 5% compared to 7% for all occupations

Breakdown by region

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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

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as a "contractor, residential homes" Home building and renovation managers (NOC 70011) or across Canada.

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Labour Market Information Survey
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