Slow Hiring Climate Anticipated for Victoria and CRD

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(News release—Victoria, BC, June 13, 2017) – Victoria & Capital Regional District employers expect a slow hiring climate for the third quarter of 2017, according to the latest ManpowerGroup Employment Outlook Survey.
“Survey data reveals that 17 per cent of employers plan to hire for the upcoming quarter (July to September), while seven per cent anticipate cutbacks,” stated Jeff Polkinghorne of Manpower’s Vancouver office. Another 76 per cent of employers plan to maintain their current staffing levels in the upcoming quarter.
“With seasonal variations removed from the data, Victoria & Capital Regional District’s third quarter Net Employment Outlook of five per cent is a seven percentage point decrease when compared to the previous quarterly Outlook,” said Polkinghorne. “It is also a decrease of 15 percentage points from the Outlook reported during the same time last year, indicating a limited hiring pace for the upcoming months.”
“Nationally, the overall tone for the third quarter is one of cautious optimism,” said Darlene Minatel, Vice President, Manpower Canada Operations & Strategic Accounts. “While the economy is still recovering from the effects of low oil prices, we’re seeing slow but steady job growth in many urban areas across the country, a positive sign for the months ahead.”