Canadian Job Insights for the Second Half of 2022

To provide accurate and timely employment forecasts for business leaders, Express Employment Professionals International Headquarters commissions an ongoing Job Insights survey to track employment and hiring trends across a wide range of industries.

INSIGHT: Hiring Demand Continues Through Challenging Conditions
Canadian hiring decision-makers are becoming more positive about the future of the workforce, with the most common feelings attributed to hiring in 2022 being optimistic (35%), confident (33%), and hopeful (33%). According to hiring decision-makers, in the second half of 2022:

  • 45% plan to increase the number of employees at their company
  • 48% expect no change to the number of employees
  • 4% anticipate a decrease in employee count

INSIGHT: Inflation Affecting Wages, Revenue, and Future Gains
Companies have been faced with many challenges over the past few years. Unfortunately, there continue to be new issues companies face – most recently, a generational rise in inflation. Over the past two years, the inflation rate has increased to a level last seen in the 1980s. Nearly all Canadian hiring decision-makers (91%) say their company has been impacted by this rise in inflation, with more than half (56%) reporting it has had a major or moderate impact on their company.

The high inflation rate has caused companies to make difficult decisions, including:

  • Raise prices (44%),
  • Absorb additional costs (37%)
  • Reduce transportation (17%)
  • Adopt new technology to automate tasks/processes (16%)
  • Outsource work (14%)
  • Turn down work opportunities (12%)

Hiring costs look to be a trend moving forward, with expectations for wage increases has been steadily increasing over the past two years:

  • 45% in the first half of 2020
  • 51% in the first half of 2021
  • 66% in the first half of 2022

More than 3 in 5 Canadian hiring decision-makers (63%) say their company is taking steps to make hiring easier, including higher starting salaries (20%) and offering hiring bonuses (17%).

INSIGHT: Soft Skills Essential for Workers, Leading to Reskilling
While organizations were forced to adapt to navigate the economic effects of the COVID-19 pandemic, In the search for potential applicants with their company, Canadian hiring decision-makers commonly look for certain soft skills in their applicants. Among the top skills deemed essential or very important are a willingness to learn (85%), dependability (84%), problem-solving skills (78%), and adaptability (78%).

Other important skills companies look for include:

  • Communication (77%)
  • Initiative (76%)
  • Critical thinking (73%)
  • Company cultural fit (72%)

Nearly 3 in 5 cite creativity (58%), and half cite leadership skills (50%) as absolutely essential or very important in an applicant.

The survey was conducted online within Canada by The Harris Poll on behalf of Express between May 3 and May 23, 2022, among 504 Canadian hiring decision-makers (defined as adults ages 18+ in Canada who are employed full-time or self-employed, work at companies with more than one employee, and have full/significant involvement in hiring decisions at their company). Data were weighted where necessary by company size to bring them into line with their actual proportions in the population.

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