Canada Companies Plan to Add Jobs Next Quarter, Manpower Says

Canadian employers plan to add workers in the second quarter with mining firms the most optimistic, according to a survey by Manpower Inc. (MAN)

The share of companies planning to hire exceeded those who forecast cutbacks by 13 percentage points after adjusting for seasonal variations, the Milwaukee-based employment-services firm said in a statement. The figure has ranged between 13 and 16 over the past five reports.

Job creation has slowed since the middle of last year. Statistics Canada reported March 9 that employment fell by 2,800 in February as the labor force shrank by the most since January 2009. Finance Minister Jim Flaherty has said his March 29 budget will focus on measures to boost employment and growth.

Mining had the best prospects among industries, with an employment outlook of 21 percent, while public administration had the lowest reading at 6 percent.

“Strengthened by an active outlook in the Mining industry sector where efforts are under way in Alberta to develop the largest oil field outside the Middle East, the net employment outlook for the upcoming quarter indicates a respectable hiring climate,” Janis Sugar, marketing director for Manpower Canada, said in a statement.

The survey of 1,900 Canadian employers found 21 percent intended to hire and 5 percent anticipated reductions, giving a net outlook of 16 before seasonal adjustment. The results are accurate within 2.2 percentage points, Manpower said.

To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net

To contact the editors responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net; David Scanlan at dscanlan@bloomberg.net.

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