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|
|Moncton--Richibucto Region||(2 of 3 stars)||2016-12-23|
For the 2016-2018 period, the employment outlook is expected to be fair for Mechanical engineers (NOC 2132) in the Moncton - Richibucto 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 small number of people are expected to retire.
- This occupation has recently experienced low levels of unemployment.
Here are some key facts about Mechanical engineers in the Moncton - Richibucto region:
- Approximately 200 people work in this occupation.
- Mechanical engineers mainly work in the following sectors:
- Paper manufacturing (NAICS 322): 37%
- Professional, scientific and technical services (NAICS 54): 21%
- Machinery manufacturing (NAICS 333): 14%
- Construction (NAICS 23): 6%
- They fall into the following age groups:
- 15 to 24: n/a
- 25 to 54: more than 95% compared to 68% for all occupations
- 55 years and over: n/a
Local Labour Market NewsWeek of Jul 10 - Jul 14, 2017
- Toronto-based financial technology company Dream Payments opened a Centre of Excellence in Moncton, with plans to expand. The office has 15 staff, including software engineers and developers, with a focus on improving the company's payment technology.
- Qimple Inc., a Moncton start-up, will receive a $500,000 loan from ACOA to promote and innovate their product. Their product enables companies to create a job ad and post it to numerous job boards, then screen applicants using their technology.
- According to Site Selection magazine, Moncton is one of the 10 locations in Canada to do business. The magazine evaluated 280 locations based on criteria like regional partnerships, business friendly legislation, worker availability and economic growth.
- Global Solutions, an international gaming technology company, has grown from two to 35 employees since opening its Moncton operation in 2011. The company will continue to expand in the future.
- Date modified: