Job prospects Software Design Engineer near Toronto (ON)
Explore current and future job prospects for Software engineers and designers near Toronto (ON). These trends also apply to people working as a software design engineer.
Balanced labour market
The prospect of finding work in this occupation was fair over the past few years (2016-2018). The number of job openings was about the same as the number of workers available.
The employment outlook will be good for Software engineers and designers (NOC 2173) in the Toronto region for the 2019-2021 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
The City of Toronto has the largest technology cluster in Ontario. The Toronto economic region accounts for an above-average share of the workforce of this occupational group, as well as of software publishers and computer systems design firms. Toronto continues to attract large investments in technology operations, including engineering laboratories, and research and innovation hubs such as those involved in advancing 'self -driving' car projects.
Toronto is also a centre for Ontario's financial services, and this sector should be a key source of employment, as well as the digital laboratories supporting changes in the services. Generally, technology companies in this region are main recipients of private venture capital funding in the province and this should support start-up companies in this occupational group.
Here are some key facts about Software engineers and designers in the Toronto region:
- Approximately 17,070 people work in this occupation.
- Software engineers and designers mainly work in the following sectors:
- Professional, scientific and technical services (NAICS 54): 55%
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 13%
- Information, cultural, arts, entertainment and recreation services (NAICS 51, 71): 9%
- Wholesale trade (NAICS 41): 5%
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