'Solid hiring climate' expected for Burnaby, says employment agency

Hiring forecast 'cautiously optimistic', but most Calgary businesses don't plan to expand

In addition, the public administration, manufacturing, and finance, insurance and real estate sectors are also seeing healthy hiring prospects with net outlooks scoring between 14 and 16 percent. The UK jobs market has been like a party that no-one has wanted to leave, and the ONS recently reported a 440,000 increase in employment in the past year.

The Finance and Business Services sector has dipped into negative territory for only the second time in the last decade, with an Outlook of -1%.

"Ultimately the biggest piece of insight I can give is for job seekers to understand the skills gap, understand that there is work out there, but understanding what you're skill set versus what's skill set that's needed and bridging that gap", Borhot said. "Now we are getting to the end of this era, banks are seeing a huge boost in profits, Lloyds, Barclays, HSBC and RBS made a combined profit of £23.9bn last year, and the pipeline of compliance and customer service jobs that have boosted the sector over the past few years is drying up". We should be under no illusions about just how serious this is - not just for those workers directly affected, but the United Kingdom economy as a whole.

Another sector that is much more downbeat this quarter is Transport, Storage and Comms, which has now recorded a negative employment Outlook for three straight quarters, reaching -4 percent this quarter, its least optimistic Outlook since 2010.


And Vancouver companies aren't looking to lighten their loads.

"With seasonal variations removed from the data, Burnaby-Coquitlam's second quarter Net Employment Outlook of 21 per cent is a three percentage point increase when compared to the previous quarterly Outlook", said Plumb.

The survey is based on interviews with more than 11,500 employers located in the 50 states, the District of Columbia and Puerto Rico, ManpowerGroup said. In the Midwest (+20%), Northeast (+18%) and West, the Outlook is up a percentage point (+20%) year-over-year and up two percentage points in the South. "This is evident in the results, with the large majority of employers reporting no change to their hiring schemes in the coming quarter". The North East is teetering on 0, down five points and the region's lowest level since Q4 2015.

The net employment outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.

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