Job outlook Regulatory Affairs Associate in Ontario
The job outlook for a regulatory affairs associate working in Ontario is good over the next 3 years. This outlook is applicable to all Professional occupations in business management consulting (NOC 1122).
Job opportunities in Ontario
The employment outlook will be good for Professional occupations in business management consulting (NOC 1122) in Ontario for the 2019-2021 period.
The following factors contributed to this outlook:
- Employment decline will lead to the loss of some positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Professional occupations in business management consulting are found across various industries. Nearly half of these professionals are employed in professional, scientific and technical services, particularly in management, scientific and technical consulting firms. The finance and insurance industry and the federal government are key employers as well.
Employment prospects in this occupational group are expected to be favourable during the forecast period, as companies require their services to analyze their operational practices through the lows and the highs of the business cycles. Increased competition in the marketplace and constant changes in the business environment will generally drive employment needs for this occupation. For instance, ongoing globalization has heightened the need for businesses to streamline their operating structures to increase efficiency in order to remain competitive. This occupational group contains several business services-related occupations that are similar but perform slightly differing tasks and require different training and experience.
Individuals with knowledge of and experience in specific areas, such as marketing, operations management, or strategic planning may have better employment opportunities. As information technology also plays a key role in business operations, many employers are seeking individuals with a combination of skills in information technology and business administration, as well as knowledge of the employer's business line. Certification involving business analysis, operational efficiency-related techniques, and management consulting is beneficial to employment prospects. Membership in professional organizations such as the Canadian Association of Management Consultants or Canadian Health Information Management Association, may also be beneficial. The occupational group has a significantly higher rate of self-employment than most of the other occupations in Ontario.
Here are some key facts about Professional occupations in business management consulting in the Ontario region:
- Approximately 45,750 people work in this occupation.
- Professional occupations in business management consulting mainly work in the following sectors:
- Other professional, scientific and technical services (NAICS 5414, 5416-5419): 38%
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 12%
- Computer systems design services (NAICS 5415): 6%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 89% compared to 79% for all occupations
- Part-time workers: 11% compared to 21% for all occupations
- 67% of professional occupations in business management consulting work all year, while 33% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 33 weeks compared to 31 weeks for all occupations.
- 27% of professional occupations in business management consulting are self-employed compared to an average of 12% for all occupations.
Breakdown by region
Explore job prospects in Ontario by economic region.
|Hamilton–Niagara Peninsula Region||Good|
|Stratford–Bruce Peninsula Region||Good|
You can also look at this data on a map. Go to LMI Explore
Labour market conditions across Canada
We expect that the labour supply and demand for Professional occupations in business management consulting (NOC 1122) will be balanced in Canada over the next 10 years.
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