According to the latest ManpowerGroup Employment Outlook Survey, Burnaby employers expect a cautiously optimistic hiring climate for the second quarter of 2020.
“Survey data reveals that 15% of employers plan to hire for the upcoming quarter, while 5% anticipate cutbacks,” stated Richard Plumb of Manpower’s Vancouver office. “Another 78% of employers plan to maintain their current staffing levels in the upcoming quarter. The remaining 2% are unsure of their hiring intentions.”
“With seasonal variations removed from the data, Burnaby-Coquitlam’s second quarter Net Employment Outlook of +10% is a three percentage point decrease when compared to the previous quarterly Outlook,” said Plumb. “It is also an 11 percentage point decrease from the Outlook reported during the same time last year, indicating a mild hiring pace for the upcoming months.”
“Though we can expect rigorous hiring activity in many regions, most Canadian employers are keeping their plans modest, partly due to persistent skills shortages,” said Darlene Minatel, Country Manager of ManpowerGroup Canada. “The lack of available talent, especially in manufacturing, construction, and the skilled trades, is leading employers to invest more heavily in their current workforce, bridging staff into open roles and redesigning the employee experience to improve retention.”
Canada Hiring Plans by Industry Sectors, Regions and Metro Areas
- Nationwide, employers in all 10 industry sectors expect to add staff in Q2 2020. The strongest Outlook is reported in the Public Administration sector (+13%) followed by the Construction (+12%), Manufacturing—Durables (+12%), Mining (+12%) and Transportation & Public Utilities sectors (+12%). When compared with the previous quarter, hiring plans weaken in six sectors, improve in three and remain unchanged in one. In a year-over-year comparison, employers in six sectors report a weaker hiring sentiment.
- Quebec has the strongest regional Outlook in the country (+17%), a two percentage point decline in comparison with 1Q 2020 but a one percentage point improvement compared to the same period last year. Hiring prospects in Ontario (+10%) and Atlantic Canada (+9%) expect a conservative hiring pace this quarter while job seekers in Western Canada (+5%) should plan for a cautious hiring climate.
- the strongest job gains are expected in Quebec City, QC (+32%), Monteregie, QC (+21%), Belleville, ON (+20%), Halifax, NS (+20%) and Laval, QC (+18%).
