According to the latest ManpowerGroup Employment Outlook Survey, Richmond-Delta area employers expect a pessimistic hiring climate for the fourth quarter of 2019.
Survey data reveals that no percentage of employers plan to hire for the upcoming quarter, while seven per cent anticipate cutbacks, said Richard Plumb of Manpower’s Vancouver office. The remaining 93 per cent of employers plan to maintain their current staffing levels in the upcoming quarter.
With seasonal variations removed from the data, Richmond-Delta’s fourth quarter Net Employment Outlook of zero is a 14 percentage point decrease when compared to the previous quarterly outlook, said Plumb. It’s also a 23 percentage point decrease from the outlook reported during the same time last year, indicating a downbeat hiring pace for the upcoming months.
“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 Canada.
“On the positive side, Quebec is boasting their strongest hiring pace since we added the regional analysis to the survey 16 years ago. With provincial finances under control and a strong tech scene centered around four universities, the province is making up for lost time and creating more jobs.”