ManpowerGroup Employment Outlook Survey forecasts a hiring climate for the coming quarter
by CM Staff
With seasonal variations removed from the data, the Net Employment Outlook for Canada is +37%, a 2-percentage point increase from the previous quarterly Outlook (1Q 2022).
TORONTO — According to the latest ManpowerGroup Employment Outlook Survey, Canadian employers anticipate a prosperous hiring climate for the second quarter of 2022.
“The Canadian job market continues to look significantly healthy for the coming quarter,” said Darlene Minatel, Country Manager of ManpowerGroup Canada. “From the dim Outlooks reported in 2020, through the positive trajectory of hiring intentions over 2021 with the introduction of Covid-19 vaccination, employers are now expressing consistent confidence in the economy. There will be opportunities for job seekers across the country and across all sectors.”
With seasonal variations removed from the data, the Net Employment Outlook for Canada is +37%, a 2-percentage point increase from the previous quarterly Outlook (1Q 2022) and a 27-percentage point increase from the Outlook reported during the same time last year (2Q 2021). Employers in all regions of the country and industry sectors surveyed expect to add to payrolls next quarter.
The survey of over 1,000 employers across Canada reveals that 49% plan to increase their staffing levels in the second quarter of 2022, while 13% anticipate cutbacks. Meanwhile, 36% of the employers surveyed expect their current staffing levels to remain unchanged, while the remaining 2% are unsure of their hiring intentions.
Industry Sector Employer Outlook:
Nationwide, employers in all industry sectors surveyed expect to add staff in 2Q 2022. The strongest Outlook is reported in the Primary Production sector (+56%), followed by IT, Technology, Telecoms, Communications and Media (+51%), Wholesale and Retail Trade (+46%), Manufacturing (+39%), and Banking, Finance, Insurance and Real Estate (36%).