Post-pandemic hiring outlooks still moderate

Canadian employers expect steady, yet moderating, hiring in Q1 2024, according to First ManpowerGroup’s Employment Outlook Survey for 2024.

The survey of over 1,000 employers reveals that 41% intend to increase their staffing levels in the first quarter of 2023, while 16% anticipate cutbacks, resulting in a net employment outlook of +25%.  This is down 2% from Q4 2023 and -8% year-over-year.

“Even though the Net Employment Outlook has decreased 2% since last quarter and -8% year-over-year, hiring expectations remain positive for all regions and all industries. The net employment of +25% closely aligns with the global average (+26%),” said to Darlene Minatel, Country Manager, ManpowerGroup Canada.

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