Manufacturers cautiously optimistic about hiring in Q2
TORONTO: Canadian employers expect a fair hiring climate for the second quarter of 2010, according to the latest results of the Manpower Employment Outlook Survey.
Taking seasonal variations into account, Manpower says there’s a net employment outlook of 7%, indicating a modest hiring climate for the upcoming quarter. This represents a 3% decrease from the previous quarter a six point increase from the same time last year.
The survey of more than 1,900 Canadian employers reveals 17% plan to increase their payrolls in the second quarter compared to 6% who anticipate cutbacks, and 75% expect to maintain current staffing levels. Two per cent are unsure about their hiring intentions.
Manufacturing, non-durable goods had a 5% outlook. This forecast is on par with the previous quarter and is an improvement from the minus 4% reported during the same time last year.
Manufacturing, durable goods employers are cautiously optimistic about the hiring climate 3% outlook, a significant improvement from the minus 9% reported during the same time last year.
The education and mining industry sectors had the most favourable results projecting a 15% outlook.
Click here for a video overview of the survey.