Explore Careers - Job Market Report
Description | Titles | Duties | Related Occupations
Outlook & Prospects for Heavy Equipment Operators (Except Crane) in Fredericton--Oromocto
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|
|Fredericton--Oromocto||(2 of 3 stars)||2016-04-15|
For the 2015-2017 period, the employment outlook is expected to be fair for Heavy Equipment Operators (Except Crane) (NOC 7421) in the Fredericton - Oromocto 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 moderate.
- A large number of people are expected to retire.
- This occupation has recently experienced high levels of unemployment.
In addition, due to the seasonal nature of this occupation, employment opportunities will vary depending on the time of the year. Employment opportunities tend to be more favourable during the summer months.
Here are some key facts about Heavy Equipment Operators (Except Crane) in the Fredericton - Oromocto region:
- Approximately 1,700 people work in this occupation.
- Heavy Equipment Operators (Except Crane) mainly work in the following sectors:
- Construction (NAICS 23): 67%
- Mining and quarrying (NAICS 212-213): 8%
- They fall into the following age groups:
- 15 to 24: 15% compared to 15% for all occupations
- 25 to 54: 65% compared to 68% for all occupations
- 55 years and over: 21% compared to 17% for all occupations
Local Labour Market NewsWeek of Apr 04 - Apr 08, 2016
- A terminal expansion at the Fredericton International Airport is expected to generate 319 temporary jobs during construction. Currently, there are 269 people permanently employed at the airport, with 67 of those positions having been created over the last three years as a result of increased passenger traffic and new air services.
- Optimism remains around future development potential of Northcliff Resource's $580M Sisson Mine project near Fredericton. If the project proceeds, it could generate about 500 jobs during construction and 300 jobs during operation.
- Funding for the planning and design of a new overpass in Fredericton connecting Two Nations Crossing to the Ring Road and Highway 105 was recently announced. The initial $1M investment will pay for a study of the ground, traffic patterns and the overpass design. The estimated cost of the overpass construction is between $7M and $8M.
- The provincial government will invest $2.5M in design and engineering work in 2016 for the future multi-million dollar expansion to the Dr. Everett Chalmers Regional Hospital in Fredericton
- The City of Fredericton has committed over $7.6M in its capital budget for water and sewer projects in 2016
- Date Modified: