Canada employment market not faring too badly, according to new survey

posted by 
Sarah Welstead (4)

Manpower Canada released the results of their quarterly employment survey this week, and the news for Canada isn't all that bad.

In a survey of 1700 employers across Canada, most say they expect a "positive hiring climate" between now and December.  20% predict they'll increase their payrolls in the next 3 months, while just 7% predict a decline.

The employment rate is expected to stay at 6.2% in 2009, which is only a slight increase from the current 6.1%. 

(It's worth noting that economists say that an unemployment rate of 5% is ideal:  a healthy economy has to have at least a few people who are 'between jobs' - when the employment rate dips below 5%, businesses suffer because they can't find enough people to fill vacancies.)

Not all the experts agree that the outlook is positive:  job creation numbers are dwindling, and that can be a sign of recession.  

Of course, whenever a for-profit organization releases the results of a survey, those results should probably be taken with a grain of salt.  Manpower Canada is in the staffing business, so the last thing they're going to do is release a bunch of results saying that the job market is going to crash and burn in the next 3 months.

However, the survey does say that 70% of employers don't expect their staffing levels to change in the near future, which is at least a little better news than we're hearing from the US lately.

Jean-Louis Kayitenkore
Procurement Consultant
Gsm: +250-08470205
Home: +250-55104140
P.O. Box 3867
East Africa
Blog: http://www.cepgl.blogspot.com
Skype ID : Kayisa66

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