Job prospects Bank Branch Manager near Charlottetown (PE)

Over the past few years (2021-2023), the labour market was balanced for Banking, credit and other investment managers near Charlottetown (PE). The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Banking, credit and other investment managers (NOC 10021) in Prince Edward Island for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Banking, credit and other investment managers in Prince Edward Island:

• Approximately 150 people worked in this occupation in May 2021.
• Banking, credit and other investment managers mainly work in the following sectors:
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 72%
  • Other retail stores (NAICS 44-45, except 445): 28%
• 80% of banking, credit and other investment managers work all year, while 20% 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 46 weeks compared to 41 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 48% compared to 51% for all occupations
  • Women: 52% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: n/a
  • high school diploma or equivalent: 35% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: 12% compared to 11% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 19% compared to 25% for all occupations
  • bachelor's degree: 27% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: 8% compared to 8% for all occupations

Source Labour Market Information | Prospects Methodology