Canadian employers boosted their net hiring plans for the start of next year led by transportation and public utilities, according to a survey by Manpower Inc. (MAN:US)
The share of companies planning to hire between January and March exceeded those forecasting cutbacks by 13 percentage points after adjusting for seasonal variations, the Milwaukee- based employment-services firm said in a statement. The so- called net employment figure rose from 11 in the last survey.
Canada’s jobless rate has exceeded 7 percent since the start of 2009 during Canada’s last recession and will be 7.2 percent next year according to economists surveyed by Bloomberg News.
The Manpower report showed a seasonally adjusted net hiring outlook of 21 percent for transportation and public utilities. That was followed by a positive 16 percent for service companies and construction. Non-durable manufacturing was the least optimistic with a net outlook of 6 percent.
The survey of 1,900 Canadian employers generates results that are accurate within 2.2 percentage points, Manpower said.
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