Local employers to maintain staffing levels through Q4
A new survey indicates many London area businesses intend to maintain their current staffing levels throughout the fourth quarter of 2019.
According to the latest ManpowerGroup Employment Outlook Survey, 77 per cent of local employers who took part in the survey plan to keep their current staffing levels through December, while 16 per cent are looking to hire. Just six per cent anticipate cutbacks.
The remaining one per cent were unsure of their hiring intentions.
“With seasonal variations removed from the data, London’s fourth quarter Net Employment Outlook of +11 per cent is a six percentage point increase when compared to the previous quarterly Outlook,” ManpowerGroup’s London area spokesperson Charity Magowan said in a statement issued Tuesday. “It is also the same percentage as the Outlook reported during the same time last year, indicating an upbeat hiring pace for the upcoming months.”
Nationally, 15 per cent of employers plan to increase their staffing levels between October and December 31, while six per cent anticipate cutbacks, according to the national employment agency. The survey also indicated 78 per cent of employers expect their current staffing levels will remain unchanged, and the remaining one per cent were unsure of their hiring intentions.
“As 2019 ends, the market for Canadian job seekers is a bit of a mixed bag. While unemployment figures were at record lows over the summer, the hiring outlook seems to be weakening in some sectors. Companies want to remain competitive and maintain their employee levels as they go into the new year. At the same time, there is a real struggle to find and retain qualified talent,” said Darlene Minatel, country manager for ManpowerGroup.
Quebec is the province with the strongest hiring pace, added Minatel.
Sectors expected to add the newest positions in the fourth quarter of the year include transportation and public utilities, public administration, finance, insurance, and real estate.
Over 1,900 employers across Canada participated in the survey.