Explore Careers - Job Market Report
Senior managers in this unit group plan, organize, direct, control and evaluate, through middle managers, the overall operations of goods production, utility, transportation and construction companies. They formulate policies which establish the direction to be taken by these companies, either alone or in conjunction with other members of a board of directors.
chief executive officer (CEO) – manufacturing company, chief financial officer (CFO) – urban transit system, corporate controller, logging company, executive vice-president – railway, general manager, trucking company, president, residential construction company, publishing house general manager, regional vice-president, petroleum production company, vice-president, finance – mining company, vice-president, marketing – airline, vice-president, operations – electric power company, vice-president, sales – pulp and paper manufacturing.
- Establish objectives for the company and formulate or approve policies and programs
- Authorize and organize the establishment of major departments and associated senior staff positions
- Allocate material, human and financial resources to implement company policies and programs; establish financial and administrative controls; formulate and approve promotional campaigns; and approve overall personnel planning
- Select middle managers, directors or other executive staff
- Co-ordinate the work of regions, divisions or departments
- Represent the company or delegate representatives to act on behalf of the company in negotiations or other official functions.
Senior managers in this unit group may specialize in areas such as finance, marketing or human resources or in a particular product area.
Outlook & Prospects for Senior Managers – Goods Production, Utilities, Transportation and Construction in Fredericton--Oromocto
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
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Currently the chances of qualified Senior Managers in Goods Production, Utilities, Transportation and Construction finding employment are considered to be fair in the local area.
Employment opportunities for Senior Managers in Goods Production, Utilities, Transportation and Construction may vary in different communities across the province. You may want to check for specific opportunities in your community. Also, people who are able to work elsewhere may want to research the opportunities for this occupation in other areas of New Brunswick or in other provinces across the country.
According to the most recent (2006) Census, this is a medium-sized occupational group with a labour force of 160, and an unemployment rate (0%) that is below the average (8%) for all occupations in the area. Also, the average age of senior managers - goods production, utilities, transportation and construction is 51, which is above the average age (40) of all occupations.
According to the most recent Canadian Occupational Projections System (COPS) Forecast, the average annual employment growth rate for this occupation is above the average for all occupations in New Brunswick. Many of the jobs in this occupation can be found in these main industries: 1) Manufacturing and 2) Construction industries.
This occupation is classified as "significant" because there is a large percentage of senior managers - goods production, utilities, transportation and construction working within the area and/or it is a strategically important occupation to the local labour market.
Throughout the year, there were several construction projects sponsored by different levels of government in the area. Although these investments were mainly for commercial and industrial construction, it created many job openings for this occupation. With the economy picking up, transportation and public utilities is one sector with the most favourable hiring results for the first quarter of 2011. According to Manpower Inc., 23 percent of Fredericton employers plan to hire additional workers in the coming year while 67 percent intend to maintain their current staffing for the first quarter of 2011.
For more information on Senior Managers in Goods Production, Utilities, Transportation and Construction (opportunities in other areas, training, who hires, current job openings and additional statistics), please click on one of the links below or select another option from the left sidebar.
Date Published: 2011-07-22
Local Labour Market News
Week of May 06 – May 10, 2013
- The $39 million expansion of the Kingswood Golf Resort outside Frederiction has received planning approval. Work is expected to begin on a hotel component in June. The expansion also includes an indoor water park and a residential development.
Week of Apr 29 – May 03, 2013
- The provincial government has announced that it will close the Agriculture Laboratory Service in Fredericton. The agricultural laboratory which provides soil testing for New Brunswick farmers will close on June 28. The laboratory has been in operations for 80 years and is located on the grounds of the experimental farm in Lincoln.
Week of Apr 22 – Apr 26, 2013
- A job fair will be held in Fredericton on April 30th at the Delta Hotel for job seekers interested in working in Western Canada. Seven companies will be represented at the fair.
Week of Apr 15 – Apr 19, 2013
- According to a building activity report released by the City of Fredericton development committee, overall construction activity in the first quarter of this year increased to $17.6M compared to $16.9M during the same period last year. It was also reported to be the highest first quarter construction value since 2008.
- The Minister of Health for the province of New Brunswick announced that roughly 400 jobs in the health-care system would be eliminated in the next year in an attempt to control spending. Horizon Health Network will cut 131 positions this fiscal year. 57 jobs will be cut at Facilicorp and 40 positions will be eliminated at the Department of Health itself. More job cuts are expected to be announced later this year.
- Shannex Inc. has received final approval to proceed with the construction of an 80-unit luxury retirement complex at 35 Patience Lane in Fredericton
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