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View All NewsCanadian employers still confident in economy for Q3: survey
Canadian employers continue to be confident in the economy, according to the third-quarter Employment Outlook Survey released today by ManpowerGroup Inc. (NYSE: MAN). Canadian organizations plan to add staff across all 10 industry sectors in the third quarter.
The Canada survey found 20% of employers expect to increase staffing levels and 3% anticipate cutbacks. This results in a net employment outlook of 13% on a seasonally adjusted basis, compared to 9% for the year-ago quarter.
Employers in the transportation and public utilities sector anticipate the most active hiring climate of any industry, with a seasonally adjusted outlook of 20%. Outlooks for the public administration and construction sectors are also strong at 16% and 15%, respectively.
When compared with the second quarter of 2018, the most noteworthy decreases of five percentage points are reported in the finance, insurance and real estate sector, the manufacturing — durables sector and the manufacturing — nondurables sector.
All four regions in Canada report positive third-quarter hiring plans. For the fifth consecutive quarter, employers in Quebec expect the strongest hiring climate for the coming quarter, forecasting a net employment outlook of 17%. Atlantic Canada followed at 15%, while employers in Ontario and Western Canada anticipate outlooks of 12% and 11%, respectively.
ManpowerGroup’s employment outlook survey data include responses from 1,943 Canadian employers.