Manpower sees steady fourth-quarter Canadian employment growth

Tue Sep 10, 2013 12:10am EDT
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By John Tilak

TORONTO (Reuters) - Canadian companies expect to hire in the fourth quarter at roughly the same pace as in the third, according to data released on Tuesday that also showed the construction sector to be a pocket of strength.

The nationwide survey by ManpowerGroup Inc (MAN.N: Quote) measures the difference between employers that say they will add jobs and those that are planning cuts.

The survey of about 1,900 employers found that 16 percent planned to add jobs, while 8 percent expected cuts. About three-quarters of those surveyed projected unchanged staffing levels.

Gains in the construction sector are expected to offset weakness in the transportation and public utilities industries.

After seasonally adjusting the numbers, Manpower said a net 10 percent of companies planned to hire in the fourth quarter, little changed from the previous quarter.

"We've maintained a very steady hiring pace," said Byrne Luft, vice president of operations for Manpower Canada. "There's just not a lot of excitement going on in Canada in the employment sector as far as growth."

"We continue to be in a volatile employment market," he added.

The data followed a government release on Friday showing Canada's economy generated 59,200 jobs in August, nearly triple the number expected, but most of the gains were in part-time work and the 6-month trend in the labor market remains modest.   Continued...

Workers piece together outerwear on the manufacturing floor of Canada Goose's facility in Toronto January 17, 2012. REUTERS/Fred Thornhill