Job prospects College Of Applied Arts And Technology Instructor near Cold Lake (AB)

Over the past few years (2020-2022), there was a labour shortage for College and other vocational instructors near Cold Lake (AB). 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 College and other vocational instructors (NOC 41210) in the Wood Buffalo - Cold Lake region for the 2023-2025 period.

The following factors contributed to this outlook:

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

The Alberta government’s Budget 2023 increases spending on post-secondary institution compensation by 6.5% from the levels forecasted in 2022-2023. Increases of 2% and 0% are budgeted for 2024-2025 and 2025-2026. Additionally, Alberta is capping tuition increases at 2% annually effective 2024-25.

Here are some key facts about College and other vocational instructors in the Wood Buffalo - Cold Lake region:

• Approximately 300 people worked in this occupation in May 2021.
• College and other vocational instructors mainly work in the following sectors:
  • Educational services (NAICS 61): 67%
  • Oil and gas extraction (NAICS 211, 213): 17%
  • Wholesale trade (NAICS 41): 6%

Source Labour Market Information | Prospects Methodology