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Outlook & Prospects for Business Development Officers and Marketing Researchers and Consultants in London 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 |
|---|---|---|
| London Region | <Not assigned> | 2012-12-05 |
Compared to other occupations, this is not a significant occupation in this region.
The outlook for business development officers and marketing researchers and consultants is expected to be fair in Ontario in 2012-2013. For marketing researchers and consultants, entry-level marketing positions may be created as companies focus more on marketing in order to reach out to consumers. Advancement beyond the entry-level in this field may be limited. In contrast, most business and economic development officer positions require several years of experience in business or commerce and there are fewer entry-level opportunities. Business development positions tend to be with corporate operations, rural stakeholders or municipalities. The growing trend of municipalities hiring in-house business development positions to help revitalize or strengthen their local economies may lead to more opportunities in this field.
According to the 2006 census, there were approximately 25,200 business development officers, marketing researchers and consultants in the province of Ontario, an increase of almost 50% from the previous census. Much of this growth can be attributed to the increased outsourcing of market research to private firms. The large growth in this field since 2001 has resulted in a younger than average workforce. Less than 20% of people in this occupation were aged 50 and over at the time of the 2006 census. Most of the positions created in this field will result from turnover as workers leave for other opportunities.
Local Labour Market News
Week of Jun 03 – Jun 07, 2013
Week of May 27 – May 31, 2013
- St. Anne's Catholic School in St. Thomas is expanding to accommodate the arrival of full-day kindergarten in September 2013. K+L Construction Limited holds the project contract, which is budgeted at approximately $1M.
- The Elgin Children’s Aid Society in St. Thomas issued layoff notices to 10 people due to a reduction in its budget. The agency will also make cuts to a number of services and programs.
- The diSTRICTLY Business Regional Expo of Enterprise will be taking place on June 6, 2013, at the Western Fair District’s Progress Building in London. Over 200 exhibitors are expected to be present.
Week of May 20 – May 24, 2013
Week of May 13 – May 17, 2013
- Date Modified:

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