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Wednesday, December 9, 2015 - Hiring intentions outweighed by downsizing

Todd Hirsch • Chief Economist

December 9, 2015

Hiring intentions outweighed by downsizing

The first quarter of 2016 is not looking great if you’re a job seeker in Calgary. Then again, it’s also not looking all that bad if you’re worried about being laid off. According to the most recent Manpower Employment Outlook Survey, released yesterday, an equal number of employers in Calgary are looking to either increase or decrease their staffing levels—each at eight per cent—over the first quarter of 2016.
 
In Edmonton, however, the situation is looking a bit worse. More than double the percentage of firms in the capital city are expecting to reduce their staff in the first quarter (16 per cent) than those expecting to increase staff (eight per cent). The outlook is very similar in Red Deer, with 15 per cent expecting reductions. However, of the three Alberta cities in the survey, Red Deer had the highest percentage of employers expecting to hire staff (12 per cent).
 
By far the majority of employers across the province anticipate no change to staffing. The survey shows somewhat better results at the national level, where nine per cent expect an increase and seven per cent expect a decrease.
 
The deteriorating hiring intentions in Edmonton could be a bit of “catching up” to Calgary. The job market in Edmonton, which is more of the servicing and manufacturing hub of the energy sector, has not yet been hit to the same degree as Calgary, which is home to more of the management and planning phase occupations. The latter jobs were the first to be chopped when energy projects started being cancelled or postponed earlier this year.
 
The Manpower Employment Outlook Survey is conducted quarterly, and evaluates the expectations of companies as to their staffing intentions. The survey covers 42 countries around the world.

posted in General at Wed, 09 Dec 2015 14:55:40 -0700



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