Job prospects Rig Electrician in the Wood Buffalo–Cold Lake Region

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Explore current and future job prospects for people working as "Industrial electricians" in the Wood Buffalo–Cold Lake Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Labour shortage

Over the past few years (2021-2023), there was a labour shortage for Industrial electricians in the Wood Buffalo–Cold Lake Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Good

The employment outlook will be good for Industrial electricians (NOC 72201) in the Wood Buffalo - Cold Lake region for the 2023-2025 period.

The following factors contributed to this outlook:

Employment growth will lead to several new positions.
Several positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Industrial electricians in the Wood Buffalo - Cold Lake region:

Approximately 550 people worked in this occupation in May 2021.
Industrial electricians mainly work in the following sectors:
- Oil and gas extraction (NAICS 211, 213): 59%
- Construction (NAICS 23): 22%
- Wholesale trade (NAICS 41): 7%

Source Labour Market Information | Prospects Methodology