Job prospects Payment Processing Unit Supervisor in New Brunswick

Explore current and future job prospects for people working as a "payment processing unit supervisor" 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 Supervisors, finance and insurance office workers (NOC 12011) in New Brunswick for the 2023-2025 period.

The following factors contributed to this outlook:

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

Here are some key facts about Supervisors, finance and insurance office workers in New Brunswick:

  • Approximately 900 people work in this occupation.
  • Supervisors, finance and insurance office workers mainly work in the following sectors:
    • Insurance Carriers and related activities (NAICS 524, 526): 24%
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 22%
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 13%
    • Other retail stores (NAICS 44-45, except 445): 9%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 93% compared to 84% for all occupations
    • Part-time workers: 7% compared to 16% for all occupations
  • 84% of supervisors, finance and insurance office workers work all year, while 16% 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 46 weeks compared to 42 weeks for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 22% compared to 52% for all occupations
    • Women: 78% compared to 48% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: less than 5% compared to 11% for all occupations
    • high school diploma or equivalent: 21% compared to 30% for all occupations
    • apprenticeship or trades certificate or diploma: 14% compared to 12% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 32% compared to 23% for all occupations
    • bachelor's degree: 23% compared to 16% for all occupations
    • university certificate, degree or diploma above bachelor level: 6% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

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 "payment processing unit supervisor" Supervisors, finance and insurance office workers (NOC 12011) or across Canada.

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Labour Market Information Survey
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