It’s a good time to look for a job

New survey reveals many employers expect to hire in next quarter (January to March)

It may be a good time to get a job according to the latest Manpower Employment Outlook Survey.

Data reveals that 17 per cent of employers plan to hire for the upcoming quarter (January to March), while 10 per cent anticipate cutbacks, said Gord Bretsen, regional director for Manpower’s Pacific region. Another 73 per cent of employers plan to maintain their current staffing levels for the upcoming quarter.

“Victoria’s first quarter net employment outlook of seven per cent is a drop from the outlook of 10 per cent, which was reported for the previous quarter,” said Bretsen.

“It is also a six percentage point decrease from the outlook reported during the same time last year indicating a mild hiring environment for the upcoming months.”

The survey of more than 1,900 Canadian employers revealed that 16 per cent of them plan to increase their payrolls in the first quarter of 2012, while 10 per cent anticipate cutbacks. Of those surveyed, 71 per cent of employers expect to maintain their current staffing levels and three per cent are unsure of their hiring intentions for the upcoming quarter.

The survey looked at 11 sectors including mining; public administration; manufacturing – durables and non-durables; transportation; construction; services; finance, insurance and real estate; wholesale and retail trade; education and public utilities.

“Although Western Canada anticipates the most favourable hiring climate, employers in all regions and sectors are telling us that they plan to hire at a more cautious pace from January to March compared with the previous quarter,” said Byrne Luft, vice-president of operations, staffing services for Manpower Canada.

“Despite slight improvement overall, many employers are evidently taking time to evaluate current market conditions and demand for their products and services before committing to additional employees. It will be interesting to see how employer optimism develops through the rest of the year.”

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 nearly 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 65,000 public and private employers worldwide and is considered a highly respected economic indicator.

Just Posted

First woman appointed rector at Esquimalt Anglican church since 1866 consecration

Gail Rodger is the 32nd rector at St. Peter and St. Paul Anglican parish

Trudeau concludes re-election campaign at Victoria pub

Liberal leader Justin Trudeau makes his final campaign appearance

Saanich Recreation needs volunteers at Commonwealth Place

Welcome Ambassadors needed at Saanich Commonwealth Place to engage with, direct, and inform visitors

Saanich Peninsula Chamber of Commerce honours former Sidney mayor Marie Rosko

Rosko received lifetime achievement award during 2019 Crystal Awards

Man seriously injured after fall from Johnson Street Bridge

Police say incident stands as public safety reminder

VIDEO: Greater Victoria, here’s the news you missed this weekend

Camera licker, wind gusts and rare bird make headlines this weekend

BC Ferries crew member taken to hospital after getting struck by bow doors

Two sailings between Horseshoe Bay and Departure Bay were cancelled

Greta Thunberg meets with First Nations chief in Fort McMurray

Thunberg has turned her protest against climate change into a global movement

Canucks hang on for 3-2 win over Rangers in New York

Vancouver scores three times in first period

More beef products recalled due to possible E. coli contamination

The food safety watchdog has been investigating possible E. coli 0157:H7

B.C. VIEWS: How to get the best deal on your ICBC car insurance

ICBC slowly being dragged into the 21st century

Pot legalization has gone ‘well’, but ‘yellow flags’ on vaping: task force chair

Canada legalized cannabis for non-medical use on Oct. 17, 2018,

Most Read