Explore Careers - Job Market Report
Description | Titles | Duties | Related Occupations
Included Cities in Region | Service Canada Offices
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|
|Prince Edward Island||(2 of 3 stars)||2016-12-23|
For the 2016-2018 period, the employment outlook is expected to be fair for Retail and wholesale trade managers (NOC 0621) in Prince Edward Island.
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 is expected to remain relatively stable.
- A moderate number of people are expected to retire.
- This occupation has recently experienced moderate levels of unemployment.
- Employee turnover in this occupation is high, which could generate additional employment opportunities.
In addition, due to the seasonal nature of this occupation, employment opportunities will vary depending on the time of the year.
Here are some key facts about Retail and wholesale trade managers in the Prince Edward Island region:
- Approximately 1,550 people work in this occupation.
- Retail and wholesale trade managers mainly work in the following sectors:
- Other retail stores (NAICS 44-45, except 445): 60%
- Food and beverage stores (NAICS 445): 19%
- 84% of Retail and wholesale trade managers work all year, while 16% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 30 weeks compared to 27 weeks for all occupations.
- 56% of Retail and wholesale trade managers are self-employed compared to an average of 13% for all occupations.
- They fall into the following age groups:
- 15 to 24: 7% compared to 14% for all occupations
- 25 to 54: 67% compared to 64% for all occupations
- 55 years and over: 25% compared to 22% for all occupations
- The gender distribution of people in this occupation is:
- Men: 61% compared to 51% for all occupations
- Women: 39% compared to 49% for all occupations
- The educational attainment of workers in this occupation is:
- No high school diploma: 10% compared to 14% for all occupations
- High school diploma or equivalent: 41% compared to 27% for all occupations
- Apprenticeship or trades certificate or diploma: 14% compared to 11% for all occupations
- College certificate or diploma or university certificate below bachelor's: 21% compared to 28% for all occupations
- Bachelor's degree: 11% compared to 14% for all occupations
- University certificate, degree or diploma above bachelor level: less than 5% compared to 7% for all occupations
Local Labour Market NewsWeek of Jun 12 - Jun 16, 2017
- The price of a mortgage on PEI is among the lowest in Canada. The average value of a mortgage loan on PEI is $155,769, which is $115,000 less than the national average. Despite this, PEI mortgage delinquency rates are nearly twice the Canadian average.
- The Canadian Corps of Commissionaires in PEI is looking to hire up to 20 people to do security work in a health care environment. The Commissionaires have about 160 staff on the Island, who are retired Canadian Armed Forces, RCMP and security personnel.
- Sherwood Building Supplies Ltd which had filed for bankruptcy, is under new ownership and is now Sherwood Timber Mart. All 18 staff of the lumber/hardware store have been retained by the new owners, who are hoping to hire more staff if successful.
- Myers Industries, a provider of residential and commercial garbage removal, was bought out by Superior Sanitation. Superior has offered jobs to Myer's six employees, who would no longer operate out of Montague, but would work from Charlottetown instead.
- Fifty staff employed with the Charlottetown call centre, Server Sitters, were suddenly laid-off after a large client surprisingly canceled service. The company had approximately 100 staff and is working to settle hours and vacation pay to those affected.
- A new retail store called GrowDaddy, which sells equipment and accessories to grow and consume marijuana, opened in Stratford on April 20, 2017. Besides the store, the owner also operates an online store called growdaddycanada.com.
- Date modified: