Job prospects Business Analyst - Economics in British Columbia

Explore current and future job prospects for people working as a "business analyst - economics" in British Columbia or across Canada.

Job opportunities in British Columbia

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

Limited

The employment outlook will be limited for Economists and economic policy researchers and analysts (NOC 41401) in British Columbia for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment decline will lead to the loss of some 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.

Here are some key facts about Economists and economic policy researchers and analysts in British Columbia:

  • Approximately 1,950 people worked in this occupation in May 2021.
  • Economists and economic policy researchers and analysts mainly work in the following sectors:
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 20%
    • Provincial and territorial public administration (NAICS 912): 18%
    • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 14%
    • Federal government public administration (NAICS 911): 12%
    • Insurance Carriers and related activities (NAICS 524, 526): 6%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 91% compared to 78% for all occupations
    • Part-time workers: 9% compared to 22% for all occupations
  • 78% of economists and economic policy researchers and analysts work all year, while 22% 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 46 weeks compared to 42 weeks for all occupations.
  • 12% of economists and economic policy researchers and analysts are self-employed compared to an average of 17% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: 53% compared to 52% for all occupations
    • Women: 47% 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: less than 5% 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: 8% compared to 17% for all occupations
    • bachelor's degree: 39% compared to 22% for all occupations
    • university certificate, degree or diploma above bachelor level: 48% compared to 12% for all occupations

Breakdown by region

Explore job prospects in British Columbia 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 "business analyst - economics" Economists and economic policy researchers and analysts (NOC 41401) or across Canada.

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Labour Market Information Survey
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