Explore Careers - Job Market Report
Description | Titles | Duties | Related Occupations
Outlook & Prospects for Other Small Engine and Equipment Mechanics in Newfoundland and Labrador
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||(2 of 3 stars)||2014-06-25|
For the 2013-2015 projection period, employment opportunities will be fair for Other Small Engine and Equipment Mechanics (NOC 7335) in Newfoundland and Labrador. Employment growth in this occupation is expected to be stronger than average. However, this growth will be partially offset by average proportions of workers retiring, as well as unemployed workers with experience in this occupation who may compete for available jobs.
According to the 2011 National Household Survey, the average age for this occupation in Newfoundland and Labrador was 44 years. Also, according to the Labour Force Survey, less than 500 people worked in this occupation in 2013.
Local Labour Market NewsWeek of Mar 30 - Apr 03, 2015
- The Government of Canada has announced that the northern shrimp quotas for the northeast coast of NL will remain static in 2015. The shrimp fishery opens on April 1 for the northeast coast of Labrador and a portion of Newfoundland's coast.
- The Canada-Newfoundland and Labrador Offshore Petroleum Board has issued a bid for 11 new exploratory licenses in the Flemish Pass. The area covers 2.5 million hectares offshore NL near recent finds by Statoil and Husky Energy, near the already producing Jeanne d'Arc Basin.
- Best Buy Canada Ltd announced that it is closing 66 Future Shop stores across Canada, effective immediately. Another 65 stores will be converted to Best Buy stores. Approximately 500 full-time and 1,000 part-time positions will be eliminated.
- Scientists indicate that the northern cod stocks in NL are recovering. However, the moratorium on the Northern Cod fishery of 1992 is expected to remain in effect for several years.
- Buildforce Canada recently stated that the ripple effects from declining oil prices and cancelled or delayed projects in Alberta will have a significant impact on commuting workers from NL
- The government of NL awarded $74,000 in scholarships to fifty-eight post-secondary students to help further their education
- A delegation of 19 firms and organizations from NL is participating in the 2015 Arctic Technology Conference in Denmark this week. The conference will provide an opportunity for industry leaders to share ideas, research, and new technologies.
- The government of NL announced $189,289 in funding for the 2014-15 Seniors Community Recreation Grant Program. The program will provide more opportunities for seniors to engage in physical and recreational activities.
- The government of NL is cost-sharing $1.9M in funding to purchase five advanced drinking water units for the communities of Fogo Island (Stag Harbour), Lamaline, Cartwright, Charlottetown (Labrador) and Port aux Choix
- The Government of Canada announced $246,296 in funding to help female entrepreneurs take advantage of opportunities in the natural resources industry
- A Spanish company, Abeengoa, has been awarded a $155M contract to construct approximately 400 kms of overhead transmission lines in NL and NS
- The government of NL, through the 2014-15 Community Recreation Support Program, announced $138,000 in funding to support the purchase or repair of physical activity equipment for 62 communities and organizations in NL
- According to a recent report from the Royal Bank of Canada, the NL economy is expected to grow by 0.8% in 2015 and slow to 0.2% in 2016
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