Explore Careers - Job Market Report
Economists and economic policy researchers and analysts conduct research, monitor data, analyze information and prepare reports and plans to resolve economic and business problems and develop models to analyze, explain and forecast economic behaviour and patterns. They advise on matters such as finance, fiscal and monetary policy, international trade, agricultural and natural resource commodities and labour and industrial markets. They are employed by government departments and agencies and throughout the private sector in associations, unions, research organizations, banks and investment firms.
agricultural economist, economic advisor, economic analyst, economic policy analyst, economist, economist, natural resources, energy economist, financial economist, industrial economist, international trade economist, investment economist, labour economist, tax economist, trade economist.
- Conduct research and develop models to analyze, explain and forecast economic behaviour and patterns, and devise methods for collection and analysis of data
- Forecast production and consumption of specific products and services based on records of past production and consumption and general economic and industry-specific conditions
- Prepare forecasts of income and expenditure, interest rates and exchange rates
- Analyze factors which determine economic growth and advise government agencies on policies to increase economic activities
- Analyze factors which determine labour force participation, employment, wages, unemployment and other labour market outcomes
- Study mathematical formulae and statistical techniques and apply them to the testing and quantifying of economic theories and the solution of economic problems
- Study the nature of money, credit and the operation of banks and other financial institutions to develop monetary policies and forecasts of financial activity
- Monitor economic data to assess the effectiveness, and advise on the appropriateness, of monetary and fiscal policies
- Examine problems related to the economic activity of individual companies
- Examine financial methods, production costs and techniques and marketing policies to recommend possible improvements
- Examine statistical data on the exchange of goods and services among nations
- Forecast production and consumption of renewable resources and supply, consumption and depletion of non-renewable resources
- Conduct research on market conditions in local, regional or national area to set sales and pricing levels for goods and services, to assess market potential and future trends and to develop business strategies
- Monitor regional and local economic trends
- Study regulatory processes and provide material in support of legal proceedings with government and other parties.
Outlook & Prospects for Economists and Economic Policy Researchers and Analysts in Kingston - Pembroke 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|
|Kingston - Pembroke Region||N/A||N/A|
Local Labour Market News
Week of Jun 03 – Jun 07, 2013
- Construction is set to start on Renfrew Power Generation's Thomas Low Generating Station in June. The project is set to cost $20M.
- A $9M project to replace 3.4km of sewer in Kingston has broken ground. Work on the project is being performed by LiquiForce Services.
- The Westbrook Sports Dome has resumed construction and is expected to be completed by August, while a turf field is expected to be installed by September
Week of May 27 – May 31, 2013
- B.R. Fulton Construction of Renfrew has been awarded two contracts to rehabilitate County Road 24 in Renfrew and County Road 22 in Renfrew. The total value of the contracts is just over $1M
- Willis College is set to move into a space in the Winner's Circle Mall in Arnprior. The Eastern Ontario based college specializes in Business, Health and Technology.
Week of May 20 – May 24, 2013
- The LCBO will open two new stores in Prince Edward Country this year
- Ground has broken on the new Bancroft Family Health Team facility. The centre, which will be home to the existing staff and two new physicians, is scheduled to be finished by December 2013.
- The Highland Shores Children's Aid Society will eliminate up to 20 positions due to changes in funding from the provincial government. Layoffs are expected to affect management and frontline staff.
Week of May 13 – May 17, 2013
- Designer Depot and Fairweathers/International Clothiers will be opening in the Pembroke Mall in 2013
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