Job prospects Installer, Water Heaters in British Columbia
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Explore current and future job prospects for people working as an "installer, water heaters" in British Columbia or across Canada.

Job opportunities in British Columbia

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

Moderate

The employment outlook will be moderate for Financial managers (NOC 10010) in British Columbia for the 2024-2026 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a few new positions.
  • Several positions will become available due to retirements.
  • There are a moderate number of unemployed workers with recent experience in this occupation.

Some job functions for this occupation may change with continuing adoption of artificial intelligence for data analytics, natural language processing, marketing automation, and/or virtual agents.


Some job functions for this occupation may change with continuing adoption of information and communication technologies, specifically cloud computing, to improve data management and business decision making.


Employment opportunities will be supported by moderate growth in the finance and insurance sector, across public and private organizations.


Most job opportunities are in the Lower Mainland-Southwest region of the province, as well as the Vancouver Island and Okanagan-Thompson regions.

Here are some key facts about Financial managers in British Columbia:

  • Approximately 8,450 people work in this occupation.
  • Financial managers mainly work in the following sectors:
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 13%
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 9%
    • Other retail stores (NAICS 44-45, except 445): 7%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 93% compared to 78% for all occupations
    • Part-time workers: 7% compared to 22% for all occupations
  • 84% of financial managers work all year, while 16% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 38% compared to 52% for all occupations
    • Women: 62% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 8% for all occupations
    • high school diploma or equivalent: 12% compared to 28% for all occupations
    • apprenticeship or trades certificate or diploma: less than 5% compared to 13% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 19% compared to 17% for all occupations
    • bachelor's degree: 43% compared to 22% for all occupations
    • university certificate, degree or diploma above bachelor level: 21% compared to 12% for all occupations

Breakdown by region

Explore job prospects in British Columbia by economic region.

Legend

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Undetermined
1 out of 5 stars
Very limited
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Limited
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Moderate
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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 an "installer, water heaters" Financial managers (NOC 73200) or across Canada.

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What percentage of people in this occupation are self-employed?

The data from the Labour Force Survey (2015) regarding the proportion of people in this occupation who were self-employed are not sufficiently reliable to be published.

Source Labour Force Survey – Statistics Canada | queryString="cid=2561"Legal note

What proportion of people in this occupation work full-time?

According to the Labour Force Survey (2015), in Canada, 96% of workers in this occupation worked full-time, compared to the average of 81% for all occupations.

Source Labour Force Survey – Statistics Canada | queryString="cid=2561"Legal note

What is the proportion of women working in this occupation?

According to the National Household Survey (2011), in Canada, women represented 55% of workers in this occupation compared to the average of 48% for all occupations.

Source Labour Force Survey – Statistics Canada | queryString="cid=2561"Legal note

What percentage of people in this occupation are members of a union?

This occupation (Financial managers) is part of a larger group called Administrative services managers (NOC 011). According to the Labour Force Survey (2015), in Canada, the unionization rate for this group was 9%, while the unionization rate for all occupations was 31%.

Source Labour Force Survey – Statistics Canada | queryString="cid=2561"Legal note

Labour Market Information Survey
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