The latest Manpower Employment Outlook Survey projects a “conservative hiring climate” for the third quarter of 2016 in the London area.
“Survey data reveals that 20% of employers plan to hire for the upcoming quarter (July to September), while 7% anticipate cutbacks,” stated Nikki Sharpley of Manpower’s Kitchener office.
“Another 70% of employers plan to maintain their current staffing levels in the upcoming quarter, while the remaining three per cent are unsure of their hiring intentions.”
Sharpley says that with seasonal variations removed from the data, London’s outlook is a seven percentage point decrease compared to the previous quarter but a thirteen percentage point increase compared to the same time last year.
The national outlook is down one percentage point from the previous quarter and down four percentage points from the same time last year. Manpower anticipates a modest hiring climate with employers in the Public Administration sector reporting the strongest prospects.
“Nationally, employment gains are expected to be modest in the third quarter,” said Darlene Minatel, Vice President, Manpower Canada Operations & Strategic Accounts.
“However, we are seeing some bright spots. The Canadian dollar’s prolonged low has been good news for the manufacturing industry. Increased demand for Canadian exports is a big reason the manufacturing – durables sector is expecting the largest quarterly employment growth of any sector for Q3.”
The survey of over 1900 employers across Canada found 16% plan to increase staffing levels, 5% expect cutbacks, 78% expect to remain the same, and 1% are unsure.