Windsor area has hopeful hiring climate for second quarter

Maricruz Casares
Marcha 13, 2018

Expectations in the Wholesale & Retail Trade sector have increased by seven percentage points compared to the same period a year ago, while employers in the Finance, Insurance & Real Estate sector report an increase of four percentage points.

"Survey data reveals that 10 per cent of employers plan to hire for the upcoming quarter (April to June), while three per cent anticipate cutbacks", Erica Melarangeli of Manpower's Stoney Creek office said in a press release.

Citing the latest ManpowerGroup Employment Outlook Survey, which collected 1,036 valid questionnaires in Taiwan, the advisory firm said the net hiring outlook stood at 26 percent, the highest level among eight economies in the Asia-Pacific region, ahead of Japan's 24 percent and India's and Hong Kong's 16 percent. None of the 4,612 employers surveyed across sectors by US-based workforce solutions company ManpowerGroup said they planned to downsize in April-June 2018.

Modest hiring plans are reported in the mining and construction sector with an outlook of +7%, and in the transportation and utilities sector, where the outlook is +6%. When forecasts are compared with those reported in the first-quarter, hiring intentions improve in 17 countries and territories, decline in 17 and are unchanged in nine.

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Canadian employers' hiring intentions are at their highest level in several years - and Waterloo Region's employers are even more bullish on growing their teams.

Meanwhile, the hiring scene is looking up in other countries, too. While there won't be layoffs, hiring as such will be lower than in previous quarters.

For the coming quarter, employers in Wisconsin, New Hampshire, Alaska, Maine and Colorado report the strongest Employment Outlooks. Similarly, employers in the Services sector report a decline of three percentage points compared to the same period in 2017. The strongest labour market is anticipated by Wholesale & Retail Trade sector employers with a Net Employment Outlook of +21%. Among the countries and territories featuring seasonally adjusted data, confidence is strongest in Taiwan, Japan, Hungary and the United States, while the weakest hiring prospects are reported in Italy, the Czech Republic and Switzerland. When compared with 1Q 2018, hiring prospects are five percentage points stronger in Gauteng, and improve by two percentage points in KwaZulu-Natal.

The ManpowerGroup Employment Outlook Survey is conducted quarterly to measure employers' intentions to increase or decrease the number of employees in their workforce during the next quarter.

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