Job prospects Financial Accountant in the Camrose–Drumheller Region

We were not able to determine labour market conditions for Financial auditors and accountants in the Camrose–Drumheller Region over the past few years (2020-2022) because of low employment levels in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be good for Financial auditors and accountants (NOC 11100) in the Camrose - Drumheller region for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment decline will lead to the loss of some positions.
• Several positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

The Conference Board of Canada is forecasting Alberta’s real GDP will expand by 2.6% in 2023 before slowing to 1.9% in 2024. Similarly, they are projecting the labour market to cool in late 2023 and into 2024. Higher for longer inflation may also have some firms rethinking expansion resulting in muted employment growth for this occupation. 

An aging workforce transitioning to retirement will create vacancies for job seekers.

Here are some key facts about Financial auditors and accountants in the Camrose - Drumheller region:

• Approximately 520 people worked in this occupation in May 2021.
• Financial auditors and accountants mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 45%
  • Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 11%
  • Retail Trade (NAICS 44-45): 11%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 7%
  • Construction (NAICS 23): 6%

Source Labour Market Information | Prospects Methodology