Employers expect solid hiring climate for St. Johns area

Staff ~ The Telegram
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St. John's area employers expect a solid hiring climate for the third quarter of 2010, according to the latest Manpower Employment Outlook Survey.
According to a news release, survey data reveals that 33 per cent of employers plan to hire for the upcoming quarter (July to September), while seven per cent anticipate cutbacks, stated Karen Myers of Manpower's St. John's office. Another 60 per cent of employers intend to maintain their current staffing levels and zero per cent are unsure of their hiring intentions for the third quarter of 2010.
"St. John's third quarter Net Employment Outlook of 26 per cent is an increase from the same time last year when employers reported a Net Employment Outlook of 13 per cent," Myers said. "It is a six percentage point increase from the previous quarter indicating a healthy hiring climate for the upcoming quarter."
Of the 10 surveyed industry sectors, employers in the Mining and Construction industry sectors report the most favourable results for the third quarter of 2010, with projected Net Employment Outlooks of 19 per cent and 15 per cent respectively, once seasonal variations are removed from the data. This is followed by the Wholesale and Retail Trade sector, where employers anticipate a hopeful hiring climate, reporting a seasonally adjusted Net Employment Outlook of 13 per cent.
"This quarter's national Net Employment Outlook indicates that the fair hiring climate reported in the previous quarter will strengthen in the third quarter of 2010," says Lori Rogers, VP of Staffing Services for Manpower Canada. "Employers are telling us that they plan to continue to increase their payrolls in the upcoming three-month period."
On the national level, Canadian employers expect an upbeat hiring climate for the third quarter of 2010.
With seasonal variations taken into account, the Net Employment Outlook of 10 per cent indicates that employers anticipate a positive hiring climate for the upcoming quarter.
This forecast is a three percentage point increase from the previous quarter, when employers reported a seasonally adjusted Net Employment Outlook of seven per cent. The Outlook has increased by 11 percentage points from the same time last year, when employers reported a seasonally adjusted Outlook of minus one per cent.
The survey of more than 1,900 Canadian employers reveals that 22 per cent plan to increase their payrolls in the third quarter of 2010, while six per cent anticipate cutbacks. Of those surveyed, 69 per cent of employers expect to maintain their current staffing levels and three per cent are unsure of their hiring intentions for the upcoming quarter.

Organizations: Staffing Services for Manpower Canada

Geographic location: St. John's

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  • Taxpayer
    July 02, 2010 - 13:28

    I guess it is asking too much to find out just how accurate these predictions are. If not what is the point of this survey.

  • Taxpayer
    July 01, 2010 - 20:15

    I guess it is asking too much to find out just how accurate these predictions are. If not what is the point of this survey.