Job prospects Accounting Assistant near Sherbrooke (QC)

Over the past few years (2021-2023), the labour market was balanced for Accounting and related clerks near Sherbrooke (QC). The number of job openings was about the same as the number of workers available in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

The employment outlook will be moderate for Accounting and related clerks (NOC 14200) in the Estrie region for the 2023-2025 period.

The following factors contributed to this outlook:

• Several positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

Members of this occupational group work in every industry, but especially in services.

Employment is benefitting particularly from the growing demand for payroll services, as well as the diversification of tasks for administrative staff and the automation of accounting activities, which mean that these clerks can now carry out tasks previously performed by professionals.

Government measures to support businesses, which are in response to the economic slowdown, could increase the number of tasks related to grant applications or reporting on various assistance programs and affect the demand for accounting services.

However, due to a more difficult economic context, small business owners may take on the tasks performed by this occupational group or use subcontractors, which will weaken the outlook for this occupation.

While the employment outlook for this occupation is moderate at the provincial level, it will be good in Montérégie and limited in Gaspésie–Îles-de-la-Madeleine, Côte-Nord and Nord-du-Québec.

Here are some key facts about Accounting and related clerks in the Estrie region:

• Approximately 1,250 people worked in this occupation in May 2021.
• Accounting and related clerks mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 12%
  • Construction (NAICS 23): 12%
  • Retail Trade (NAICS 44-45): 11%
  • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 7%
  • Other services (except public administration) (NAICS 81): 6%

Source Labour Market Information | Prospects Methodology