According to the latest ManpowerGroup Employment Outlook Survey, the most extensive, forward-looking employment survey in the world, Canadian employers anticipate a prosperous hiring climate for the second quarter of 2022.
“The Canadian job market continues to look significantly healthy for the coming quarter,” said Darlene Minatel, Country Manager of ManpowerGroup Canada. “From the dim Outlooks reported in 2020, through the positive trajectory of hiring intentions over 2021 with the introduction of Covid-19 vaccination, employers are now expressing consistent confidence in the economy. There will be opportunities for job seekers across the country and across all sectors.”
With seasonal variations removed from the data, the Net Employment Outlook for Canada is +37%, a 2-percentage point increase from the previous quarterly Outlook (1Q 2022) and a 27-percentage point increase from the Outlook reported during the same time last year (2Q 2021). Employers in all regions of the country and industry sectors surveyed expect to add to payrolls next quarter.
The survey of over 1,000 employers across Canada reveals that 49% plan to increase their staffing levels in the second quarter of 2022, while 13% anticipate cutbacks. Meanwhile, 36% of the employers surveyed expect their current staffing levels to remain unchanged, while the remaining 2% are unsure of their hiring intentions.
Industry Sector Employer Outlook:
Nationwide, employers in all industry sectors surveyed expect to add staff in 2Q 2022. The strongest Outlook is reported in the Primary Production sector (+56%), followed by IT, Technology, Telecoms, Communications and Media (+51%), Wholesale and Retail Trade (+46%), Manufacturing (+39%), and Banking, Finance, Insurance and Real Estate (36%).
Canada Hiring Plans by Region:
The Atlantic Region continues to have a strong employment Outlook for the coming quarter (+40%), up slightly from Q1 2022 (+2%). The Northern Territories have a strong Outlook as well (+65%), up 25% from Q1 2022, albeit based on a small sample size. Survey results indicate the employment Outlook in Quebec (+28%) and the Prairie Region (+28%) will worsen by -10% and -6% respectively, as compared to Q1 2022. Ontario (+39%) and Western Canada (+38%) continue to anticipate a prosperous employment climate.
Complete results for the ManpowerGroup Employment Outlook Survey are available for download at www.manpowergroup.ca/meos. The 3Q 2022 survey will be released June 21, 2022.
*Small sample size: results are indicative only.
The Net Employment Outlook (NEO) is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.