Business development officers and market researchers and analysts in Edmonton

The employment outlook will be Limited for business development officers and market researchers and analysts (NOC 41402) in the Edmonton region for the 2025-2027 period.

The following factors contributed to this outlook:

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

• Demand for this occupation is driven by government spending and economic conditions.
• Many opportunities for this occupation are project and contract based.
• Economic uncertainty amid ongoing trade disputes may also have some firms rethinking expansion resulting in muted employment growth for this occupation. 
• As more advanced technologies, including artificial intelligence, machine learning, and enhanced cybersecurity continue to be incorporated into financial analysis systems, employers may require prospective employees to have expanded technical skill sets in these areas. Consultants will support implementation and adoption of new technologies and help transition clients to new ways of working and operating their business. 

Here are some key facts about business development officers and market researchers and analysts in the Edmonton region:

• Approximately 1,360 people worked in this occupation in May 2021.
• Business development officers and market researchers and analysts mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 28%
  • Wholesale trade (NAICS 41): 11%
  • Construction (NAICS 23): 9%
  • Retail Trade (NAICS 44-45): 7%
  • Provincial and territorial public administration (NAICS 912): 7%