Other Financial Officers – NOC 1114 PR

225

Number of People Who Work in this Industry

$60,233

Median Income of People Working in this Occupation

33%

Chance this Occupation Will Be Impacted by Technology in the Next Decade

97.8%

Participation Rate
Percentage of the number of people currently working in the occupation as compared to the total number of people within the occupation as of the week of
May 1 to May 7 2016

0.0%

Unemployment Rate
Percentage of people looking for work as compared to the total number of people in the occupation as of the week of May 1 to May 7, 2016, when the unemployment rate was 7.8% in SDG and 5.3% in PR.

Education

of People Working in this Occupation

22.7% of the workforce has a College, CEGEP or non-university certificate or diploma.

54.5% of the workforce has a university diploma or degree.

Age of the Workforce

in this Occupation

26.1% of the workforce is age 25 to 34.

30.4% of the workforce is age 45 to 54.

Sectors that Employ this Occupation

84.1% of other financial officers work in the Finance and Insurance sector.

9.1% work in the Public Administration sector.

Employment Outlook

The employment outlook in our region for 2017-2019 is good. Employment growth will lead to a moderate number of new positions. Several positions will become available due to retirements. There are a small number of unemployed workers with recent experience in this occupation. Bilingualism may be an asset.

Projected growth rate in Ontario: 3.1%-4%

More Information

What Else Do I Need to Know?

  • The industry is comprised primarily of small businesses. 86.2% of businesses operating in Finance and Insurance businesses employ four people or less.
  • Employment Outlook for Other Financial Officers in the Ottawa Economic Region is good.
  • To learn more about what local employers are saying,  click on Finance, Insurance and Real Estate.