Job prospects Industrial Relations Economist near Toronto (ON)

Explore current and future job prospects for Economists and economic policy researchers and analysts near Toronto (ON). These trends also apply to people working as an industrial relations economist.

Note that these employment prospects were published in December 2019 based on information available at that time. You can read our new special report to learn about the impact of COVID-19 on some occupations in your province or territory. You can also visit the Canadian Online Job Posting Dashboard to find the latest data on the demand and work requirements for this occupation.

Recent trends

Balanced labour market

The prospect of finding work in this occupation was fair over the past few years (2016-2018). The number of job openings was about the same as the number of workers available.

Source Labour Market Information | Recent Trends Methodology

Job prospects

industrial relations economist
Prospects over the next 3 years
Good Good

The employment outlook will be good for Economists and economic policy researchers and analysts (NOC 4162) in the Toronto region for the 2019-2021 period.

The following factors contributed to this outlook:

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

The Toronto economic region has a fair representation of economists and economic policy researchers and analysts. The financial services sector, which is also dominant in Toronto, also accounts for the leading share of employment of these professionals.

Employment prospects will also be supported by the presence of, the provincial government headquarters in downtown Toronto, several management and related consultancy firms, and the large business base generally.

Here are some key facts about Economists and economic policy researchers and analysts in the Toronto region:

  • Approximately 5,020 people work in this occupation.
  • Economists and economic policy researchers and analysts mainly work in the following sectors:
    • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 58%
    • Professional, scientific and technical services (NAICS 54): 11%
    • Provincial and territorial public administration (NAICS 912): 11%
  • Source Labour Market Information | Prospects Methodology

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Labour Market Information Survey
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