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Randstad Sees Opportunity in the Canadian Employment Market


By: 
Date: July 28 2011

TORONTO, Thursday July 28, 2011All signs continue to point toward the slow and steady recovery of both the staffing industry and the Canadian economy.That fact is supported by what Randstad Canada, the country’s leader for staffing, recruitment and HR Services, is seeing and by the results of the recent release of the Canadian Staffing Index for June, 2011, by the Association of Canadian Search, Employment and Staffing Services (ACSESS).

ACSESS shows steady gains have brought the industry back to near pre-recession activity levels. In a statement on the their website, ACSESS President Bryan Toffey states that although the industry remains below the pre-recession 100 level, there is a positive trend building and signs of optimism in the market, as shown by temporary assignments that are lengthening, more permanent hiring with the assistance of staffing companies, and a return to the traditional and predictable seasonal fluctuations in Temporary hours.

Randstad Canada President Jan Hein Bax draws a similar conclusion as he notes the company has seen demand for temporary labour increase this year to pre-recession levels, something that has not been seen since 20
07. “Demand in permanent placements has increased over 50% in the 1st Quarter of 2011 over the same quarter in 2010, and continues to show significant increases in the 2nd and third quarters overall,” he says. “This renewed investment in permanent employees speaks to more long-term planning and less cost containment.”
 
But, although the economy has generated nearly 200,000 jobs since January, it appears Canadians don't share the optimism about Canada’s employment situation. According to the Conference Board of Canada's consumer confidence index, consumer optimism fell in July largely due to pessimism about future job opportunities.
 
But according to Bax, the opportunities are there. “We are seeing continued growth among our Telecom and Financial Services clients, with some emerging opportunities in the Health Care and Pharmaceutical spaces. This is great news for Canadian job seekers looking for new career opportunities,” he adds.

About Randstad Canada:
Randstad Canada is the Canadian leader for staffing, recruitment and HR Services. We excel at matching exceptional candidates with select companies in industries as diverse as financial services, manufacturing, telecommunications, information technology, the energy sector and government. We help Canada’s leading employers achieve their goals through improved access to their most important resource, talent.

Randstad Canada anticipates tremendous growth in 2011 and is seeking top talent to fill positions in nearly every area of the business. Visit
http://www.randstad.ca/about/internal_careers.aspx for internal job openings and to learn more about why Randstad is one of the best places to work.



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