“Prosperous hiring pace”
According to the data from this barometer, 48% of Quebec employers intend to hire staff during the next quarter, while 12% rather anticipate an attrition of their workforce.
Once seasonal variations are taken into account, the net employment forecast for Quebec stands at +34% in the first quarter of 2023, up nine percentage points compared to the forecasts announced in the last quarter of 2022, but down. four points over the same period last year.
The net employment forecast (NEP) is obtained from the percentage of employers who plan to hire, from which we subtract the percentage of those who foresee staff reductions instead.
In short, “Quebec will experience a prosperous rate of hiring over the next few months,” summarized Anne-Marie Lanthier, from the Manpower office in Montreal, in a press release.
under canadian skies
The climate is similar for all of Canada. At the Canadian level, the net employment forecast is set at + 34% for the first quarter of 2023, three points more than in the fourth quarter of 2022, but three less than in the same period last year.
The high pressure ridge camped above the northern territories, where the net employment forecast peaks at +64%, ahead of the West at +35%.
Optimism is barely cloudy in the Prairies and Atlantic regions, which both have a net employment forecast of +33%. The barometer is looking good in Ontario, where the proportion of +32% is identical to that of the first quarter of 2022.
Areas where it heats up
Across Canada, the finance and real estate sector and the industrials and materials sector are showing the greatest overheating, with employment prospects up 44%.
They are closely followed by information technology (+40%), transport, logistics and automotive (+39%) and communication services (+38%).
Optimism Matched to Size
Note, however, that the size of companies more or less blushes the glasses with which they contemplate the economic horizon.
With a hiring outlook of +43%, organizations with 250+ employees are twice as optimistic as micro businesses with less than 10 employees (+19%) and small businesses with 10-49 employees (+23%) .
At other latitudes
For the purposes of its study, Manpower surveyed more than 1,000 employers across Canada.
With a net employment forecast of +34%, Canada ranks third of the 41 countries where a similar survey was conducted, behind Panama (+39%) and Costa Rica (+35%).
The United States held the ninth position with +29%.