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Explore current and future job prospects for people working as "Professional occupations in advertising, marketing and public relations" in the Wood Buffalo–Cold Lake Region or across Canada.
Current and future job prospects
These outlooks were updated on November 29, 2023.
Recent trends from the past 3 years
Over the past few years (2021-2023), there was a labour shortage for Professional occupations in advertising, marketing and public relations in the Wood Buffalo–Cold Lake Region. There were more job openings than workers available to fill them in this occupation.
Source Labour Market Information | Recent Trends Assessment Methodology
Job outlook over the next 3 years
The employment outlook will be limited for Professional occupations in advertising, marketing and public relations (NOC 11202) in the Wood Buffalo - Cold Lake region for the 2023-2025 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
The Conference Board of Canada is forecasting Alberta’s real GDP will expand by 2.6% in 2023 before slowing to 1.9% in 2024. Similarly, they are projecting the labour market to cool in late 2023 and into 2024. Higher for longer inflation may also have some firms rethinking expansion resulting in muted employment growth for this occupation.
Here are some key facts about Professional occupations in advertising, marketing and public relations in the Wood Buffalo - Cold Lake region:
- Approximately 160 people worked in this occupation in May 2021.
- Professional occupations in advertising, marketing and public relations mainly work in the following sectors:
- Information, cultural, arts, entertainment and recreation services (NAICS 51, 71): 22%
- Educational services (NAICS 61): 20%
- Retail Trade (NAICS 44-45): 15%
- Oil and gas extraction (NAICS 211, 213): 13%
- Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 11%
Labour market conditions over the next 10 years
Find out what will be the job prospects for Professional occupations in advertising, marketing and public relations across Canada over the next 10 years, from 2022 to 2031.
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