Money: London may see hopeful hiring climate before 2020, according to survey - PressFrom - Canada

MoneyLondon may see hopeful hiring climate before 2020, according to survey

08:20  11 september  2019
08:20  11 september  2019 Source:

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The latest survey done by ManpowerGroup predicts a respectable hiring climate for the fourth quarter of 2018. Data collected from area employers shows that 13 per cent plan to hire between October and December According to Benson the figures show a steady hiring pace for the upcoming months.

The idea that 2020 is a firm deadline was eloquently addressed by one of the world's top climate scientists, speaking back in 2017. "The climate math is brutally clear: While the world can't be healed within the next few years, it may be fatally wounded by negligence until 2020 ," said Hans Joachim

London may see hopeful hiring climate before 2020, according to survey© File / Getty Images

A possible hiring climate could hit the Forest City before 2020.

According to the latest ManpowerGroup Employment Outlook Survey, 16 per cent of local employers plan to hire in the last quarter of this year, following a summer where employment figures were relatively low.

READ MORE: London-St. Thomas jobless rate falls to 4.9% in June, participation rate now the worst in Canada

Six per cent of employers anticipate cutbacks, while the remaining three-quarters plan to maintain their current staffing levels.

Stats Canada announced the jobless rate fell to 4.9 per cent in June, after it stood at 5 per cent in May.

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+ London residents on the lookout for work may soon be breathing a sigh of relief as London employers say they expect a favourable hiring climate in the third quarter of the year. That’s according to the long-running ManpowerGroup Employment Outlook Survey

The total number of jobs, the labour force and the number of people claiming unemployment all fell in June with roughly 900 jobs lost.

READ MORE: Active hiring climate expected in Hamilton, Canada-wide

According to ManpowerGroup, London’s fourth- quarter net employment outlook of plus 11 per cent is the same percentage as the outlook reported during the same time last year, which indicates an upbeat hiring pace for the fall and winter months.

ManpowerGroup Canada says London's post-secondary institutions play an incredible role in gaining a strong hiring pace, thanks to their strong tech scenes.

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