Explore Careers - Job Market Report
Mathematicians and statisticians research mathematical or statistical theories, and develop and apply mathematical or statistical techniques, for solving problems in such fields as science, engineering, business and social science. Actuaries apply mathematics, statistics, probability and risk theory to assess potential financial impacts of future events. Mathematicians, statisticians and actuaries are employed by universities, governments, bank and trust companies, insurance companies, pension benefit consulting firms, professional associations and science and engineering consulting firms.
actuary, biostatistician, consulting actuary, demographer, insurance actuary, mathematician, statistical analyst, statistician.
- Mathematicians conduct research to extend mathematical knowledge in traditional areas of mathematics such as algebra, geometry, probability and logic and apply mathematical techniques to the solution of problems in scientific fields such as physical science, engineering, computer science or other fields such as operations research, business or management.
- Statisticians conduct research into the mathematical basis of the science of statistics, develop statistical methodology and advise on the practical application of statistical methodology. They also apply statistical theory and methods to provide information in scientific and other fields such as biological and agricultural science, business and economics, physical sciences and engineering, and the social sciences.
- Actuaries apply mathematical models to forecast and calculate the probable future costs of insurance and pension benefits. They design life, health, and property insurance policies, and calculate premiums, contributions and benefits for insurance policies, and pension and superannuation plans. They may assist investment fund managers in portfolio asset allocation decisions and risk management. They also use these techniques to provide legal evidence on the value of future earnings.
Sydney, Port Hawkesbury, Belgiumtown, Bras d'Or, Bridgeport, Caledonia, Centreville Reserve Mines, Dominion, East Slope, Florence, Gannon Road, Glace Bay, Havenside, Hub, Kaneville, Little Bras d'Or, Louisbourg, McKays Corner, McLeods Crossing, Morien Hill, New Aberdeen, New Victoria, New Waterford, North Sydney, Passchendaele, Reserve Mines, Reserve Rows, River Ryan, Scotchtown, Steeles Hill, Sterling, Sydney Mines, Table Head, Tomkinsville
Outlook & Prospects for Mathematicians, Statisticians and Actuaries in Cape Breton Region
The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.
Local Employment Potential Information
|Location||Employment Potential||Release Date|
|Cape Breton Region||2011-05-12|
Currently the chances of Mathematicians, Statisticians and Actuaries finding employment are limited because only a small number of people in this occupation are employed in the local area. There are few opportunities for this occupation related strictly to research. Actuaries can usually find work at corporate headquarters of finance and insurance institutions. However, these are located outside of this region in larger centres of the country. Employment prospects for mathemeticians are good for those mathematicians with experience in computer programming or qualified in other disciplines such as engineering.
Although employment opportunities locally are limited, opportunities may exist in other areas of the province or in other regions of the country. People who are able to work elsewhere may want to research opportunities for this occupation in other labour markets within Nova Scotia and across the country. The future employment outlook for Mathematicians, Statisticians and Actuaries in Nova Scotia is expected to be fair over the next 5 years.
Additional information on Mathematicians, Statisticians and Actuaries (opportunities in other areas, training, who hires, current job openings, statistics and other information), is available on other parts of this web site.
Local Labour Market News
Week of May 27 – May 31, 2013
- Federal government contracts have been awarded to Zutphen Contractors of Mabou to build a new wharf in Cheticamp and stabilize a retaining structure on the Cabot Trail
- A number of community and recreation centres in Cape Breton will undergo renovations as a result of federal funding
Week of Apr 22 – Apr 26, 2013
- The federal government will contribute $1.3M to the Fortress of Louisbourg in 2013 to develop new visitor activities and promote the 300th anniversary of its founding
- The OldTriangle Irish Alehouse, based in Halifax, plans to open a location in Sydney and train up to 50 workers
- The federal government will contribute to infrastructure projects in Cape Breton, including work on community centres, fire halls, and trails
- A new biomass fuel plant in Point Tupper expected to eventually create more than 200 direct and indirect jobs will start producing electricity in May 2013
Week of Apr 15 – Apr 19, 2013
- Construction has begun on a new space for North End Building Supplies of Port Hood. The bigger space is expected to be ready in early 2014, and the business expects to add to its staff of 16.
Week of Apr 01 – Apr 05, 2013
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