Job prospects Mechanical Engineering Professor - University in the Lethbridge–Medicine Hat Region

Over the past few years (2021-2023), the labour market was balanced for University professors and lecturers in the Lethbridge–Medicine Hat 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 Assessment Methodology

The employment outlook will be good for University professors and lecturers (NOC 41200) in the Lethbridge - Medicine Hat region for the 2023-2025 period.

The following factors contributed to this outlook:

• 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.

The Alberta government’s Budget 2023 increases spending on post-secondary institution compensation by 6.5% from the levels forecasted in 2022-2023. Increases of 2% and 0% are budgeted for 2024-2025 and 2025-2026. Additionally, Alberta is capping tuition increases at 2% annually effective 2024-25.

Here are some key facts about University professors and lecturers in the Lethbridge - Medicine Hat region:

• Approximately 570 people worked in this occupation in May 2021.
• University professors and lecturers mainly work in the following sectors:
  • Educational services (NAICS 61): more than 95%

Source Labour Market Information | Prospects Methodology