Vancouver companies report mild hiring outlook for Q3: Manpower

Shutterstock
Vancouver can generally expect a mild hiring outlook for 2017’s third quarter, according to ManpowerGroup’s latest employment outlook survey. 

The survey found a seasonally adjusted net employment outlook of 6%, which is an eight percentage point decrease from the second quarter. This measure shows the percentage of employers expecting total employment to increase minus the percentage expecting total employment to decrease.

On a national level, the net employment outlook was found to be 8%, a one percentage point increase.

“Nationally, the overall tone for the third quarter is one of cautious optimism,” said Darlene Minatel, Manpower Canada’s vice president of operations and strategic accounts. “While the economy is still recovering from the effects of low oil prices, we’re seeing slow but steady job growth in many urban areas across the country, a positive sign for the months ahead.”

Job prospects are strongest in the public administration sector with a net employment outlook of 18%, which is an increase of four percentage points. The finance, insurance and real estate sector reported an outlook of 17%, a 10 percentage point increase.

Victoria reported a 7 percentage point decrease in its net employment outlook for this quarter with 5%.

Compared with the previous quarter, outlooks for municipalities in the Lower Mainland outside Vancouver include: 

-Burnaby and Coquitlam: 12%, up three percentage points; 

-Richmond: 6%, down eight percentage points; and

-Surrey: 14%, up three percentage points.

Large companies, defined as those with 250 or more employees, and medium-sized companies (50-249 employees) reported net employment outlooks of 22% and 11%, respectively – a one percentage point increase from last quarter. The outlook for small companies (10-49 employees) remained the same this quarter at 6%.

news@biv.com

 

comments powered by Disqus

More from Human Resources

BIV on Global BC December 12, 2017: Childcare costs rising

Hayley Woodin discusses new numbers that show childcare costs are increasing faster than inflation

Read Article

For the record, December 12, 2017

Email your For the Record information to: fortherecord@biv.com. Please include a high-resolution, colour headshot where possible

Read Article

Indigenous youth key to Canada’s economic growth

Underused demographic is a major resource that could generate billions

Read Article

For the record, December 5, 2017

Email your For the Record information to: fortherecord@biv.com. Please include a high-resolution, colour headshot where possible.

Read Article

BIV on Global BC November 30, 2017: Census labour market data; Notley ...

Hayley Woodin discusses census data highlighting Canada's evolving labour market. Plus: Rachel Notley to tout benefits of Kinder Morgan in Vancouver

Read Article

Subscribe to our mailing lists

You may withdraw your consent at any time.

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
Business in Vancouver Media Group
303 West 5th Avenue, Vancouver, British Columbia
V5Y 1J6 · Canada
604-688-2398
×