CURRENT LANDSCAPE

10,500 ICT professionals are employed in New Brunswick in early 2015. Of them, 2,830 are youth aged 25 or younger, 2,670 are nearing retirement, 2,730 are women, and 1,870 are immigrants. In addition, 3,260 work in Moncton, 3,170 work in Fredericton, 2,940 work in Saint John, and another 1,130 work in the rest of the province. Industries outside the ICT sector are major users of ICT products and services. The demand for top ICT talent continues to grow and has resulted in expanding career options for ICT professionals, placing competitive pressure on the employers seeking technical ICT talent. Among employed ICT professionals, 5,000 work in the ICT sector, while 5,500 work in other sectors (e.g. education, health).

As the current ICT workforce ages, not many youth are opting for ICT careers, leaving a void that could potentially limit New Brunswick’s future competitiveness before long. Significantly fewer youth work in ICT professions than in other jobs. In contrast, ICT professions have a greater proportion of workers in the older age groups compared to the total provincial workforce.

ICT Employment

fig9

Source: ICTC; Statistics Canada

 


 

FUTURE OUTLOOK

Under three economic scenarios over a 5-year horizon, a combination of employment growth and replacement requirements produces estimates of cumulative hiring requirements. It is projected that the availability of homegrown ICT talent will not be sufficient to meet these hiring requirements. Under a baseline scenario, the combination of employment growth and replacement demand due to retirements and other exits could result in needing to fill 2,200 ICT positions over the next five years. By 2019, cumulative hiring requirements for ICT talent are expected to be over 900 in Moncton, 800 in Fredericton, 300 in Saint John, and 100 in rest of New Brunswick.

Projected hiring requirements to 2019 by municipality

  Employment in 2015 Cumulative hiring requirements to 2019
Moncton 3,260 947
Fredericton 3,170 845
Saint John 2,940 302
New Brunswick – other 1,130 126
Total 10,500 2,220
Source: ICTC, 2015

 

Under a contractionary scenario, hiring requirements are projected to decline to 2,000 compared to the baseline scenario hiring requirements of 2,200. Alternatively, in an expansionary scenario, New Brunswick employers will need to hire 3,000 ICT professionals. This outlook underscores the significance of accessing all available talent to address the demand-supply imbalance in ICT professions.

Projected hiring requirements to 2019 by scenario

Scenario Cumulative hiring requirements to 2019
Contractionary 2,033
Baseline 2,220
Expansionary 3,014
Source: ICTC, 2015

 

Demand-supply imbalances will affect some ICT occupations more than others. As a result of employment growth – combined with replacement demand due to skills mismatch, retirements, and other exits – New Brunswick would need to fill the following ICT positions:

  • 480 user support technicians
  • 280 database analysts and data administrators
  • 210 electrical and electronics engineering technologists and technicians
  • 200 systems testing technicians
  • 200 computer and information systems managers
  • 190 computer engineers
  • 180 software engineers
  • 170 web designers and developers