Explore Careers - Job Market Report
Description | Titles | Duties | Related Occupations
Included Cities in Region | Service Canada Offices
The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.
Local Employment Potential Information
|Location||Employment Potential||Release Date|
|Newfoundland and Labrador||(Undetermined)||2016-12-23|
No employment outlook has been assigned to Other small engine and small equipment repairers (NOC 7335) in Newfoundland and Labrador due to low levels of employment.
Local Labour Market NewsWeek of Feb 06 - Feb 10, 2017
- Statoil, a Norwegian oil company, has announced that they will be drilling two exploration wells in Newfoundland's offshore mid 2017. The announcement is considered good news for the industry, showing there is long-term potential for the resource.
- A recent survey by Corporate Research Associates has shown that business confidence in the province remains low, but shows improvement. The report shows business confidence has increased 10.4 points over the last six months.
- Newly-released census data has shown that Newfoundland and Labrador's population has grown one percent since 2011. Over 200 towns in the province have fewer people, while the Avalon Peninsula and central Newfoundland showed the strongest growth.
- According to a CFIB report, small business confidence in the province was at an all-time low of 46% for January. When it comes to hiring, only 4% of businesses expect to add full-time staff in the next three months.
- BuildForce Canada, a construction-industry led organization has released its 2017-2026 forecast. The report indicates that construction employment in the province is in decline due to the winding down of major projects and falling oil and gas prices.
- A study released by the Business Development Bank of Canada shows that Newfoundland Businesses are among the most optimistic in Canada. A full 83% of provincial businesses expect an increase in revenues in 2017.
- A new player has entered the Newfoundland offshore. Total E&P Canada Limited joins Suncor Energy Offshore Exploration Partnership and ExxonMobil Canada Ltd in the transfer of interest in a parcel of land in the Carson Basin area.
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