Job prospects Business Administration Professor - University in the Moncton–Richibucto Region

Over the past few years (2021-2023), the labour market was balanced for University professors and lecturers in the Moncton–Richibucto Region. 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 University professors and lecturers (NOC 41200) in the Moncton - Richibucto region for the 2024-2026 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.

• Since program capacities are likely to remain fairly stable, most new teaching opportunities will arise through the need to replace retired workers. Exceptions might occur in fields where there has been a clear increase in demand for talent, such as in the case of data sciences.
• Most candidates will start their careers as lecturers/instructors before securing full-time employment. Assistant professor is the typical entry-level rank for tenure-track members of faculty. With the exception of smaller satellite campuses, all universities are located in the southern portion of the province, where labour demand will necessarily be stronger.
• Candidates seeking to lecture in professionally regulated fields such as engineering or medicine, will need to have the corresponding licenses and/or professional certifications required of the profession.

Here are some key facts about University professors and lecturers in the Moncton - Richibucto region:

• Approximately 690 people work in this occupation.
• University professors and lecturers mainly work in the following sectors:
  • Educational services (NAICS 61): more than 95%

Source Labour Market Information | Prospects Methodology