Job prospects Insurance Advisor in the Wood Buffalo–Cold Lake Region
Explore current and future job prospects for people working as "Insurance agents and brokers" in the Wood Buffalo–Cold Lake Region or across Canada.
Current and future job prospects
These outlooks were updated on December 11, 2024.
Recent trends from the past 3 years
Over the past few years (2021-2023), there was a major labour shortage for Insurance agents and brokers in the Wood Buffalo–Cold Lake Region. There were far more job openings than workers available to fill them in this occupation.
Source Labour Market Information | Recent Trends Methodology
Job outlook over the next 3 years
The employment outlook will be limited for Insurance agents and brokers (NOC 63100) in the Wood Buffalo - Cold Lake region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
Here are some key facts about Insurance agents and brokers in the Wood Buffalo - Cold Lake region:
- Approximately 180 people worked in this occupation in May 2021.
- Insurance agents and brokers mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
Job prospects elsewhere in Canada
Find out what will be the job prospects for Insurance agents and brokers across Canada over the next 10 years, from 2022 to 2031.
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