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 Apr 17 - Apr 21, 2017
- The real estate market in PEI continues to be strong in 2017, after having a record year in 2016. There have been 338 homes sold on the Island so far this year, which is about the same as last year, but sales have hit $68M compared to $61M last year.
- A Summerside couple who operate Bony Broth Co. and Harmony Hills, are going to open Farmed Market & Craft Butchery in downtown Summerside. The business will sell local meats and vegetables, and serve food-to-go, such as their broth and chickens.
- The Home Depot will hire almost 190 full-time, part-time and seasonal positions across the Maritimes beginning in the spring, with 17 to be hired in Charlottetown. Candidates can attend in-store job fairs in March or view jobs at www.homedepot.ca/jobs.
- The Great Canadian Dollar Store will open a new store in Charlottetown on February 25, 2017 in the Spring Park Plaza. The location has hired about 15 people and is still hiring. The franchise is planning to open three or four more stores in PEI.
- Sunrise Records, an Ontario-based music retail chain, is planning to move into 70 retail spaces being vacated by HMV Canada. Stores will begin opening across the country in the spring and Sunrise's expansion will create 700 jobs.
- Date modified: