Mild Hiring Climate Anticipated for Victoria and CRD

Victoria, BC, September 8, 2015 – Victoria and Capital Regional District employers anticipate a mild hiring climate for the fourth quarter of 2015, according to the latest Manpower Employment Outlook Survey.
“Survey data reveals that seven per cent of employers plan to hire for the upcoming quarter (October to December), while another seven per cent anticipate cutbacks,” stated Jeff Polkinghorne of Manpower’s Vancouver office. A further 83 per cent of employers plan to maintain their current staffing levels in the upcoming quarter, while the remaining three per cent are unsure about their hiring intentions.
“With seasonal variations removed from the data, Victoria and the Capital Regional District’s fourth quarter Net Employment Outlook of five per cent is on par with the previous quarterly Outlook,” said Polkinghorne. “However, it is a 14 percentage point decrease from the Outlook reported during the same time last year, indicating a fair hiring pace for the upcoming months.”
“As of July, unemployment remained unchanged for six consecutive months, while employment is up by 0.9 per cent compared to this time last year,” said Michelle Dunnill, Manpower Area Manager for Toronto, Mississauga and Markham.
“We have also noted an increase in full-time work, a positive change from recent quarters. However, we are hearing some concerns regarding the market’s instability, leading to some employers holding off on hiring.”