Explore Careers - Job Market Report
Description | Titles | Duties | Related Occupations
Outlook & Prospects for Mechanical Engineers in Moncton--Richibucto Region
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|
|Moncton--Richibucto Region||(2 of 3 stars)||2016-04-15|
For the 2015-2017 period, the employment outlook is expected to be fair for Mechanical Engineers (NOC 2132) in the Moncton - Richibucto region.
This outlook is the result of an analysis of a number of factors that influence employment prospects in this occupation. Some of the key findings are that:
- Employment growth is expected to be strong.
- A small number of people are expected to retire.
- This occupation has recently experienced low levels of unemployment.
Here are some key facts about Mechanical Engineers in the Moncton - Richibucto region:
- Approximately 520 people work in this occupation.
- Mechanical Engineers mainly work in the following sectors:
- Professional, scientific and technical services (NAICS 54): 29%
- Paper manufacturing (NAICS 322): 28%
- Machinery manufacturing (NAICS 333): 12%
- Construction (NAICS 23): 10%
- They fall into the following age groups:
- 15 to 24: n/a
- 25 to 54: 91% compared to 68% for all occupations
- 55 years and over: n/a
Local Labour Market NewsWeek of Sep 12 - Sep 16, 2016
- According to Site Selection magazine, Moncton is one of the 10 locations in Canada to do business. The magazine evaluated 280 locations based on criteria like regional partnerships, business friendly legislation, worker availability and economic growth.
- Global Solutions, an international gaming technology company, has grown from two to 35 employees since opening its Moncton operation in 2011. The company will continue to expand in the future.
- Gaming company IGT has cut eight positions in Moncton and will move its accounting division to Reno, Nevada. The company had cut 67 manufacturing positons earlier in 2015 in Moncton and now has about 450 mostly IT-related workers left in the city.
- BMM Testlabs, an international gaming testing laboratory, plans to create 1,000 jobs in Moncton over the next five years. The company will hire quality assurance testers, engineers, computer specialists, and business development and project managers.
- Date Modified: