“Business rate of employment”
According to data from this metric, 48% of Quebec employers intend to hire employees within the next quarter, while 12% instead expect to deplete their workforce.
Once seasonal changes are factored in, the Quebec net employment forecast is +34% in the first quarter of 2023, up nine percentage points from the forecast announced in the fourth quarter of 2022, but down four points from the same period. last year.
Net employment projections (NEP) are obtained from the percentage of employers who plan to hire, from which we subtract the percentage of those who expect to cut staff instead.
In short, Anne-Marie Lanthere, of Manpower’s Montreal office, summed it up in a press release: “Quebec will see a booming rate of employment over the next few months.”
under the skies of Canada
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, up three points from the fourth quarter of 2022, but three points lower than the same period last year.
A ridge of high pressure hangs over the northern regions, with the Net Employment Outlook peaking at +64%, ahead of the West at +35%.
Optimism is almost cloudy in Prairie and Atlantic, both of which have net employment projections of more than 33%. The metric looks good in Ontario, with +32% matching Q1 2022.
areas with high temperatures
Across Canada, finance, real estate, and the manufacturing and materials sector show the largest rise in temperature, with employment prospects up 44%.
They are closely followed by information technology (+40%), transportation, logistics and automobiles (+39%), and telecom services (+38%).
Optimism is proportional to size
Note, however, that the size of the companies somewhat blushes their thinking glass on the economic horizon.
With an employment forecast of +43%, organizations with 250+ employees are twice as optimistic as small businesses with fewer than 10 employees (+19%) and small businesses with 10-49 employees (+23%).
in other latitudes
For the purposes of the study, Manpower surveyed more than 1,000 employers across Canada.
With a net employment outlook 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 is in ninth place with +29%.
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