Job prospects Business Development Officer in New Brunswick

Explore current and future job prospects for people working as a "business development officer" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be limited for Business development officers and market researchers and analysts (NOC 41402) in New Brunswick for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Not many positions will become available due to retirements.
• There are several unemployed workers with recent experience in this occupation.

Here are some key facts about Business development officers and market researchers and analysts in New Brunswick:

• Approximately 550 people worked in this occupation in May 2021.
• Business development officers and market researchers and analysts mainly work in the following sectors:
  • Provincial and territorial public administration (NAICS 912): 16%
  • Federal government public administration (NAICS 911): 15%
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 11%
  • Other retail stores (NAICS 44-45, except 445): 10%
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 6%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 93% compared to 84% for all occupations
  • Part-time workers: 7% compared to 16% for all occupations
• 83% of business development officers and market researchers and analysts work all year, while 17% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.
• 16% of business development officers and market researchers and analysts are self-employed compared to an average of 10% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 59% compared to 52% for all occupations
  • Women: 41% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 19% compared to 30% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 18% compared to 23% for all occupations
  • bachelor's degree: 41% compared to 16% for all occupations
  • university certificate, degree or diploma above bachelor level: 16% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

Source Labour Market Information | Prospects Methodology