Occupation Overview

The Occupation Overview report in Analyst gives you a broad picture of a specific occupation in a specific region. With data on job postings, compensation, demographics, and more, this report can help colleges and universities to align programs with high-growth, high-wage occupations in their region. 

To begin the report, first select an occupation. For this example we will be using financial managers. Then type in your region of choice, either by census subdivision, census division, census metropolitan area (CMA), or province. Then click Run. In this walk-through, we’ll be using the Toronto CMA below. (Note that within the report, you can change the occupation, region, and timeframe whenever you like.)

At the top of the report, you can show or hide the occupation details to see a description of the occupation. 

 

Executive Summary

The dials below show that the number of financial manager positions in Toronto (18,555) is around 5K higher than the national average for an area this size. Additionally, we can see that financial managers are being paid around $4.4K, which is close to the national average. Job postings for this position are higher than the national average, which is an indication of higher employer demand in this area. 

Regional Employment

This section charts the yearly number of jobs (within the financial manager occupation) in Toronto in black, compared to the national average for the same occupation (scaled down to account for the difference in workforce size between the nation and Toronto) tracked in blue. We can see here that jobs in Toronto have remained higher than the national average for Canada by about 5K, and the gap between the two is projected to grow slightly over the next several years. 

Beneath the chart you can see the number of jobs for the start and end years of your selected timeframe, as well as the rate of change between those years. If you’d like to see data for additional regions, use the search bar below or load a group.

You can also click Jump to Regional Comparison by Occupation, which will provide industry data, location quotient, shift share, and other information relating to your selected occupations. 

 

Regional Breakdown

This map shows the counties included in the Toronto CMA and the number of financial manager jobs recorded in each county. Toronto itself, at 10.5K jobs, has the highest concentration by far, with Peel following up with 3.9K jobs. 

 

Industry Sectors: 

The chart below divides our selected occupations into their respective industry sectors. In Toronto, most financial manager positions are found in the depository credit intermediation sector. We can also see that some are found in management of companies and enterprises, accounting and tax preparation, automobile dealers, and more. To see a more detailed list of these industry sectors, click Jump to Inverse Staffing Patterns below the chart. 

 

Job Posting Activity: 

This section gives us insight into how financial manager jobs are being advertised in the region. From January 2019 to January 2020 there were 11,972 unique job postings from over 2,000 employers, and the median posting duration (how long a posting was live before it was taken down) was 25 days, Note that we are also told how this median posting duration compares to the regional average for all postings in the region, giving us an indication of whether these positions are harder or easier to fill than the typical job posting. 

The bottom two sections list the top companies and top job titles found in these postings. Scotiabank Centre heads the top companies list, while Finance Manager, Risk Manager, and Financial Controller take the lead for job titles. 

 

Top Skills: 

Job postings almost always include the skills needed for a given position. The graph below allows you to toggle between the hard skills and common skills most frequently found on job postings for financial managers. Hovering your mouse above any of the colored bars will show you the number of postings that include that particular skill and the percentage of total postings as well. 

Here we can see that accounting (a hard skill) is found in just under 50% of postings, and auditing and financial statements are found in around 30% of postings. 

 

Occupational Programs:

Colleges and universities often contribute to the success of a regional economy by implementing programs that prepare students for specific regional occupations. In 2016, 10K students completed programs that map to financial manager jobs. The five applicable programs are listed below, ranked by number of completions at all regional institutions, with business administration, management and operations at the top of the list. 

Click Jump to Occupational Programs to see these industries broken down further by CIP code.

 

Top Schools:

In correlation with the top programs above, this section shows the top schools with completions from programs related to financial management. York University is the leader in Toronto with over 2,000 completions, but Seneca College, Humber College, and the University of Toronto aren’t far behind. 

If you have questions, please contact our customer service team by using the Submit a Question feature on the right hand side. We’d love to learn more about your work and see how we can help!