TORONTO, June 11, 2013 /CNW/ - Canadian employers expect a moderate hiring climate for the third quarter of 2013, with employers in the Transportation & Public Utilities sector reporting the strongest 3Q job prospects, according to the latest results of the Manpower Employment Outlook Survey, the most extensive, forward-looking employment survey in the world.
With seasonal variations removed from the data, the Net Employment Outlook of nine per cent is a slight drop when compared to the Outlook reported in the previous quarter. This Outlook is also a three percentage point drop from the Outlook reported during the same time last year. However, results for the third quarter do represent some encouraging signs.
The survey of over 1,900 Canadian employers reveals that 21 per cent of them plan to increase their payrolls in the third quarter of 2013, while six per cent anticipate cutbacks. Of those surveyed, 71 per cent of employers expect to maintain their current staffing levels and two per cent are unsure.
Job seekers in Western and Atlantic Canada are likely to benefit from a steady hiring climate from July through September, while they can still expect some opportunities in Ontario and Quebec. Although some regional Outlooks are experiencing slight decreases compared to the previous quarter, job seekers will likely continue to find prospects in the labour market as employers throughout Canada expect the hiring pace will be moderate through the summer.
"Overall, a moderate national hiring climate is projected in the coming quarter," said Byrne Luft, Vice President of Operations for Manpower Canada. "While most industries are expected to see little change over the previous quarter, employers in the Transportation & Public Utilities and Construction sectors anticipate the strongest gains, especially in Western Canada. This is due in part to continued government infrastructure spending, in accordance with Canada's Economic Action Plan 2013."
From this point forward, all data discussed is seasonally adjusted, unless stated otherwise.
Transportation & Public Utilities
Employers anticipate a solid hiring climate, reporting a Net Employment Outlook of 23 per cent for the third quarter of 2013. This quarter's Outlook is a one percentage point increase from the forecast reported for the previous quarter; it is also a five percentage point increase from the Outlook reported during the same time last year. The Transportation & Public Utilities sector reported its strongest Outlook since the second quarter of 2007. It is the most optimistic Outlook for any sector in the third quarter of 2013.
Reporting a Net Employment Outlook of 15 per cent, employers in the Construction sector expect to see a respectable hiring climate for the upcoming quarter. This forecast is a two percentage point drop from the Outlook reported during the previous quarter, but a five percentage point increase over the Outlook reported during the same time last year.
In the Public Administration sector, employers anticipate an upbeat hiring environment for the third quarter of 2013, reporting a Net Employment Outlook of 13 per cent. This is an increase of seven percentage points when compared to the previous quarter and a six percentage point increase compared to the Outlook of seven per cent from the same period last year.
The Net Employment Outlook in the mining sector is a hopeful 12 per cent for the coming quarter. This is a three percentage point increase over the prior quarter's Outlook, but a drop of 10 percentage points from the Outlook reported during the same time last year.
In the Services sector, employers anticipate a steady hiring climate for the third quarter of 2013, reporting a Net Employment Outlook of 11 per cent. This forecast is relatively stable when compared to the 12 per cent Outlook reported in the previous quarter and a decrease of two percentage points versus the same time last year.
Employers report a Net Employment Outlook of nine per cent, indicating a moderate hiring climate for the upcoming quarter. This Outlook is an increase of five percentage points from last quarter and a seven percentage point increase from the Outlook reported last year during the same time.
Wholesale & Retail Trade
In the Wholesale & Retail Trade industry sector, employers project a modest hiring climate, reporting a Net Employment Outlook of eight per cent. This reflects a six percentage point decrease when compared to the previous quarter's forecast and the Outlook reported during the same time last year. This is the weakest Outlook reported for the sector since the fourth quarter of 2009.
Finance, Insurance & Real Estate
Employers report a Net Employment Outlook of seven per cent for the third quarter of 2013, indicating a mild hiring climate. This Outlook is a slight decrease from the forecast of 10 per cent that was reported for the previous quarter, and a drop of seven percentage points when compared to the Outlook from the same time last year.
Manufacturing - Durables
The Net Employment Outlook in the Manufacturing - Durables sector is a modest five per cent. This is a two percentage point drop from the Outlook last quarter and an eight percentage point decrease when compared to the Outlook reported in the same quarter last year.
Manufacturing - Non-Durables
In the Manufacturing - Non-Durables industry sector, employers report a Net Employment Outlook of five per cent indicating a mild hiring climate for the third quarter of 2013. This Outlook is a one percentage point decrease from previous quarter, but is one percentage point stronger than the Outlook reported during the same time last year.
Moderate Regional Hiring Intentions
Survey results this quarter show that job seekers across Canada are expected to see various amounts of positive hiring activity. Employers in Western Canada project the most respectable hiring climate for the coming quarter, reporting a Net Employment Outlook of 14 per cent. Employers in Atlantic Canada expect a favourable hiring pace with an Outlook of 12 per cent, employers in Ontario project an Outlook of nine per cent and Quebec employers anticipate a modest climate for job seekers, reporting an Outlook of seven per cent.
Note to Editors
Full survey results for each of the 42 countries and territories included in this quarter's survey, plus regional and global comparisons, can be found at http://manpowergroup.com/press/meos_landing.cfm. In addition, all tables and graphs from the full report are available to be downloaded for use in publication or broadcast from the Manpower Web site at www.manpower.ca > Employers > Research and Insights.
Note that in Quarter 2 of 2008, the survey adopted the TRAMO-SEATS model for seasonal adjustment of data. As a result, you may notice some seasonally adjusted data points change slightly from previous reports. This model is recommended by the Eurostat department of the European Union and the European Central Bank and is widely used internationally.
About the Survey
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. It is the most extensive forward-looking survey of its kind, unparalleled in its size, scope, longevity and area of focus. The Survey has been running for more than 50 years and is one of the most trusted surveys of employment activity in the world. The Manpower Employment Outlook Survey is based on interviews with nearly 66,000 public and private employers worldwide and is considered a highly respected economic indicator.
The Manpower Employment Outlook Survey is currently available for 42 countries and territories: Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, China, Colombia, Costa Rica, Czech Republic, Finland, France, Germany, Greece, Guatemala, Hong Kong, Hungary, India, Ireland, Israel, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Panama, Peru, Poland, Romania, Singapore, Slovakia, Slovenia, Spain, South Africa, Sweden, Switzerland, Taiwan, Turkey, the United Kingdom and the United States. The program began in the United States and Canada in 1962, and the United Kingdom was added in 1966. Mexico and Ireland launched the survey in 2002, and 13 additional countries were added to the program in 2003. New Zealand joined the program in 2004, China, India, Switzerland and Taiwan were added in 2005, and Argentina, Peru, Costa Rica and South Africa joined in 2006. Colombia, the Czech Republic, Greece, Guatemala, Poland and Romania joined in 2008; Brazil and Hungary joined in 2009; Panama joined in 2010 and Israel and Slovakia joined in 2011. Finland joins the survey in 2012. For more information, visit the ManpowerGroup Web site at www.manpowergroup.com and enter the Research Center.
ManpowerGroup™ (NYSE: MAN) is the world leader in innovative workforce solutions that ensure the talent sustainability of the world's workforce for the good of companies, communities, countries, and individuals themselves. Specializing in solutions that help organizations achieve business agility and workforce flexibility, ManpowerGroup leverages its 65 years of world of work expertise to create the work models, design the people practices and access the talent sources its clients need for the future. From staffing, recruitment, workforce consulting, outsourcing and career management to assessment, training and development, ManpowerGroup delivers the talent to drive the innovation and productivity of organizations in a world where talentism is the dominant economic system. Every day, ManpowerGroup connects more than 630,000 people to work and builds their experience and employability through its relationships with 400,000 clients across 80 countries and territories. ManpowerGroup's suite of solutions is offered through ManpowerGroup™ Solutions, Manpower®, Experis™ and Right Management®. ManpowerGroup was named one of the World's Most Ethical Companies for the third consecutive year in 2013, confirming our position as the most trusted brand in the industry.
SOURCE: Manpower Inc.
For further information:
The iPR Group