Job prospects Actuarial Analyst in the Lower Mainland–Southwest Region

Explore current and future job prospects for people working as "Mathematicians, statisticians and actuaries" in the Lower Mainland–Southwest Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Labour shortage

Over the past few years (2021-2023), there was a labour shortage for Mathematicians, statisticians and actuaries in the Lower Mainland–Southwest 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

Moderate

The employment outlook will be moderate for Mathematicians, statisticians and actuaries (NOC 21210) in the Lower Mainland - Southwest region for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new positions.
  • Not many positions will become available due to retirements.
  • There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Mathematicians, statisticians and actuaries in the Lower Mainland - Southwest region:

  • Approximately 670 people worked in this occupation in May 2021.
  • Mathematicians, statisticians and actuaries mainly work in the following sectors:
    • Professional, scientific and technical services (NAICS 54): 39%
    • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 26%
    • Ambulatory health care services and hospitals (NAICS 621-622): 13%
    • Educational services (NAICS 61): 10%
    • Federal government public administration (NAICS 911): 9%

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Find out what will be the job prospects for Mathematicians, statisticians and actuaries across Canada over the next 10 years, from 2022 to 2031.

Learn more

Labour Market Information Survey
Date modified: