Job prospects Electric Household Appliance Installer - Residential And Commercial Equipment in Prince Edward Island

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Explore current and future job prospects for people working as an "electric household appliance installer - residential and commercial equipment" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be good for Residential and commercial installers and servicers (NOC 73200) in Prince Edward Island for the 2024-2026 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 small number of unemployed workers with recent experience in this occupation.

Housing shortages and investments in new and affordable housing are expected to sustain demand for these positions over the forecast period. As interest rates continue to fall, residential investment should strengthen resulting in increased housing starts in the province over the next few years. Population growth has been, and continues to be, a key economic driver supporting residential building activity in the province. The announcement by the federal government to reduce immigration targets will mean a slowdown in population growth over the forecast period which should in turn help alleviate some pressure on the Island's housing market.

The prospect for employment in this occupation is good as there continues to be a shortage of workers and unfilled vacancies in the province due to strong gains in both residential and non-residential investment. The demand for workers in this occupation is expected to remain favourable driven by continued housing development to support population growth, as well as maintenance, renovation, and repair work. 

Self-employment is relatively high in this occupation. Residential and commercial installers and servicers who have a driver's licence and access to a vehicle may have better job prospects as workers may need to visit several sites in one day.

Here are some key facts about Residential and commercial installers and servicers in Prince Edward Island:

• Approximately 250 people worked in this occupation in May 2021.
• Residential and commercial installers and servicers mainly work in the following sectors:
  • Construction (NAICS 23): 69%
  • Other retail stores (NAICS 44-45, except 445): 12%
  • Other manufacturing (NAICS 313-316, 323-324, 326-327, 331, 334-335, 337, 339): 6%
  • Provincial and territorial public administration (NAICS 912): 6%
  • Utilities (NAICS 22): 5%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 90% compared to 84% for all occupations
  • Part-time workers: 10% compared to 16% for all occupations
• 33% of residential and commercial installers and servicers work all year, while 67% 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 33 weeks compared to 41 weeks for all occupations.
• 24% of residential and commercial installers and servicers are self-employed compared to an average of 13% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: more than 95% compared to 51% for all occupations
  • Women: less than 5% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: 16% compared to 11% for all occupations
  • high school diploma or equivalent: 61% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: 8% compared to 11% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 10% compared to 25% for all occupations
  • bachelor's degree: n/a
  • university certificate, degree or diploma above bachelor level: n/a