Job-seekers in Surrey have good reason to feel optimistic over the next few months.
The net hiring outlook – defined as the percentage of employers planning to hire minus the percentage of those planning to decrease their staffing levels – for Surrey in 2015’s second quarter is 27%, according to the results of a Manpower survey released March 10.
By comparison, the net hiring outlook for Vancouver is “cautiously optimistic” at 9%. Burnaby is 17%, Richmond-Delta is 15% and Victoria is 4%.
Across Western Canada, which includes British Columbia, Alberta, Saskatchewan and Manitoba, the overall net outlook is 9%. Growth is expected across all quarters, with one notable exception.
Mining jobs in the West are on the decline, with a total net decrease of 5% expected in Q2 2015. This is the first time this sector has been negative since Manpower started conducting the hiring intentions survey in 2004.
A drop in the mining sector is by no means a phenomenon seen only in Western Canada. An SNL Metals & Mining study released March 2 found that global exploration fell by more than a quarter in 2014, driven by a drop in commodity prices. The Macquarie Group said mining spending is expected to drop by $20 billion in 2015 as demand drops and many long-term projects being put on the back burner.On the positive side, two sectors in particular in Canada’s western provinces are expected to see a boom in hiring.
“Payrolls [in Western Canada] are forecast to grow in nine of the 10 industry sectors during the next three months,” Manpower said in its report.
“The most respectable labour markets are reported in two sectors with outlooks of +19% − the public administration sector, where hiring plans are the strongest since quarter 4 2008, and the finance, insurance and real estate sector.”
Canada-wide, the overall net outlook is 10%. Atlantic Canada has the most positive outlook at 13%, while employers in
-With files from Mining.com@EmmaHampelBIV