More Ottawa employers are planning to make cutbacks than hire during the first three months of the new year, according to a new survey by international staffing firm Manpower.
But the majority, at 75 per cent, plan to maintain their current staffing levels.
Adjusted for seasonal variations, the net employment outlook – the difference between the percentage of companies planning to expand and those planning to make cutbacks – for the upcoming quarter is minus one per cent.
That’s a decline of three percentage points from the previous quarter.
“It is also a nine percentage point decrease from the outlook reported during the same time last year, indicating a weak hiring pace for the upcoming months,” said Megan Prikker of Manpower’s Ottawa office in a press release.
Ottawa’s employment outlook for the first three-months of 2014 is weaker than both the Ontario and national averages.
Provincially, the seasonally adjusted outlook is at eight per cent, with the construction industry anticipating the highest staffing increases.
The nationwide outlook is 12 per cent. Manpower said that 13 per cent of employers surveyed anticipated staffing increases, compared to eight per cent who are planning cuts.
About 78 per cent plan to maintain their current number of employees.
Over 1,900 employers across Canada were surveyed.