Survey suggests modest hiring climate for second quarter

Avatar photo

TORONTO, Ont. — Canadian job seekers should expect slim pickins from April to June, according to a recent Manpower Employment Outlook Survey.

 

The survey of more than 1,900 Canadian employers reveals that 15% expect to increase their payrolls in the second quarter of 2009, while 9% anticipate cutbacks for a Net Employment Outlook (NEO) 6%. Of those polled, 73% of employers plan to maintain their current workforce and 3% are unsure of their hiring intentions for the upcoming quarter.

 

With seasonal variations removed from the survey data the NEO drops to a mere 1%, which should indicate a quiet hiring climate for the second quarter of 2009. This quarter’s forecast is 17 percentage points weaker than in the previous quarter when the seasonally adjusted NEO was 18%.

 

In the Transporting and Public Utilities sector in particular, the seasonally adjusted NEO has dropped to 4%. This is a decrease from the same time last year when the NEO was 8%, and a further 13 percentage point decline from the previous quarter when the seasonally adjusted NEO was 17%.

 

“This quarter’s Net Employment Outlook indicates that the employer hiring confidence reported in the previous quarter has decreased,” says Lori Rogers, vice-president of operations for Manpower Canada. “Canadian employers are telling us that while they will continue to increase their payrolls they will do so at a more cautious pace than in the previous quarters.”

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*