Manpower Employment Outlook Survey Predicts Steady Hiring Picture in Canada for Beginning of the Year
Canadian employers are projecting a positive hiring outlook for the first quarter of 2005 according to the latest Manpower Employment Outlook Survey. The survey of more than 1,700 employers across Can...
Canadian employers are projecting a positive hiring outlook for the first quarter of 2005 according to the latest Manpower Employment Outlook Survey. The survey of more than 1,700 employers across Canada for the January to March period reveals that 16 per cent of employers plan to increase their payrolls and 12 per cent expect cutbacks for a Net Employment Outlook of four per cent.
With the seasonal variations removed from the survey, the Net Employment Outlook is 18 per cent, a marginal increase from the previous quarter when the Net Employment Outlook was 17 per cent. This is a modest increase of three per cent compared to the same time last year, indicating a positive beginning to the staffing picture for 2005.
“The seasonally adjusted results indicate an upbeat first quarter and the best first quarter Net Employment Outlook in four years,” said Lori Procher, Vice President and General Manager of Manpower Canada. “This is a positive result for a period in which the hiring climate tends to be restrictive.”
“The regional projections are similar to the national Net Employment Outlook,” said Procher. “Western Canada reports the highest projected Net Employment Outlook at eight per cent, followed by Ontario with a Net Employment Outlook of four per cent and Quebec with a Net Employment Outlook of two per cent. Atlantic Canada is expecting a subdued hiring picture with a Net Employment Outlook of minus one per cent.”
Employers in the Wholesale & Retail Trade sector project a strong staffing picture for January to March 2005, with a Net Employment Outlook of 26 per cent. This is an encouraging increase from the previous quarter and is the highest projection for the sector in two years.
The Manpower Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter.