Many Vancouver employers plan to hire staff in 2017’s second quarter, giving the city a “favourable hiring climate,” according to ManpowerGroup’s employment outlook survey released March 14.
The survey found a seasonally adjusted net employment outlook—those companies that anticipate increases minus those planning to decrease staff—of 15% in Vancouver. This is one percentage point higher than last quarter and is an increase of 11 percentage points compared with the same period last year.
Across Canada, a net of 7% of companies—on a seasonally adjusted basis—plan to hire staff, which is up three percentage points compared with the previous quarter and at the same level as Q2 2016.
“The second quarter of 2017 is expected to see modest gains for Canadian job seekers,” said Darlene Minatel, Manpower Canada’s vice-president of operations and strategic accounts.
“Many companies, especially in the manufacturing sector, are taking a cautious approach until they see what effect political changes in the United States will have on the Canadian economy.”
The sector with the highest net outlook is public administration, at 14%. This is six percentage points higher than the same period last year. Wholesale and retail trade also has a favourable climate, with a net employment outlook of 10%. Services (9%), education (8%) and finance, insurance and real estate (7%) have more conservative outlooks.
The net employment outlook for Victoria is 12% -- down 10 percentage points compared with Q1. The outlooks for municipalities in the Lower Mainland outside of Vancouver include:
- Burnaby and Coquitlam: 8%, up eight percentage points;
- Richmond: 16%, up two percentage points; and
- Surrey: 10%, up four percentage points.
Large companies, defined as those with more than 250 employees, and medium companies (50-249 employees) have net employment outlooks of 21% and 10%, respectively. Small companies with between 10 and 49 employees anticipate a net increase of 6%.
@EmmaHampelBIV
Check out BIV’s podcast for the week of March 14, 2017:
