Canada job outlook perks up with firms ready to hire

Canada, 9th June: Canada job scenario is brightening up with companies looking to hire new people for the third quarter from July to September this year.

This has been revealed by a latest survey of around 1,000 top level executives in Canada.

Job scene for Q3 bright in Canada—Canadian firms are feeling the demand for professional workers this summer. And there are several sectors in Canada ready to place ‘help wanted signs’ for hiring professional workforce, the survey indicates.

CFOs optimistic about growth scenario in Q3--CFOs (Chief Financial Officers) are upbeat about their firms for the next quarter, the Robert Half Financial Hiring Index reveals. Nearly 90 percent of CFOs admitted optimism about the growth prospects of their companies for the Q3 (third quarter) and nearly 43 percent of the CFOs said they were very confident about the growth aspects.

The findings also assert that hiring in sectors like finance and accounting is going to move up in the Q3.

Professionals will be hired for full-time jobs in Canada, admit seven percent of the executives while those fearing staff cuts are stated to be around 6 percent.

So, there is a net increase of 1 percent, which is up by one point from the estimates for Q2.

Sectors expecting strongest staffing growth—Following are the sectors going to experience biggest staffing growth in the coming quarter in Canada---

• Demand for support staff, lawyers and paralegals will go up by 49 percent.

• Manufacturing sector will witness an increase of 28 percent in the demand for new workers

• Demand for business development and sales professionals will go up by 23 percent

• Demand for insurance, finance and real estate executives will move up by 27 percent.

• An increase of 21 percent will be witnessed for hiring marketing professionals.

No doubt, some companies might be reluctant to hire new professionals, but, it is becoming imperative to recruit added staff for meeting increased demands of consumers, says, district president of Robert Half Canada, Kathryn Bolt, in a latest press release.

Although, executives admitted need for hiring more professionals, yet, nearly 48 percent say finding workforce with required talent and skills is posing a big challenge.