• New University and College Grads Entering into Dampened Job Market

    Kitchener, Ontario - May 29, 2024
     
    Kitchener, ON — While Canadian companies continue to show interest in hiring them in 2024, recent university and college graduates are facing a weaker job market compared to the previous few years, according to a recent Express Employment Professionals-Harris Poll.
    Around 2 in 5 companies (43%) plan to hire recent graduates this year, but that is down from 49% in the first half of 2023 and 47% in the second half of 2022. The job market for vocational/career tech graduates has also dipped, with less than a quarter (23%) of employers planning to hire from this group, compared to 30% in 2022.
     
    Hiring managers also report lowered hiring plans for students, with 33% saying they plan to hire university or college students in 2024 — down from 38% in 2023 — and 18% planning to hire high school students — down compared to 19% in 2023.
    In addition to recent graduates and students, hiring managers say they plan to employ immigrant workers (33%), migrant workers (17%) and adults with disabilities (15%) this year. 
    Full-Time Employee Demand Surges
    New graduates will be interested to learn businesses are looking to hire in many key departments in 2024, most commonly in customer service (22%), sales (22%), general labour (18%), IT/technology support (15%), administrative/office clerical (15%) and accounting and finance (14%).
    In positive news for recent grads, three-quarters of companies (75%) plan to hire full-time employees this year (up from 70% who planned to hire last year), either hourly (46%) or salaried (44%), while one-quarter plan to hire seasonal/temporary/contract workers (24%). 
    Hiring Landscape for New Graduates
    “I offer my heartfelt congratulations to the Class of 2024 and a warm welcome to the workforce,” said Bill Stoller, CEO of Express Employment International. “While many things have changed since my college graduation years ago, a diligent work ethic and dedication to lifelong learning remains a cornerstone of career success. If you’re prepared to do the hard work of investing in yourself, the road ahead is paved with endless opportunities.”
    Survey Methodology
    The Job Insights survey was conducted online within Canada by The Harris Poll on behalf of Express Employment Professionals between Oct. 31 and Nov. 10, 2023, among 504 Canadian hiring decision-makers.
    For full survey methodology, please contact Ana@MapleLeafStrategies.com.
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    About Express Employment Professionals

    At Express Employment Professionals, we’re in the business of people. From job seekers to client companies, Express helps people thrive and businesses grow. Our international network of franchises offers localized staffing solutions to the communities they serve across the U.S., Canada, South Africa, Australia and New Zealand, employing 579,000 people globally in 2022
    and more than 10 million since its inception. For more information, visit ExpressPros.com/CA.
     
    The Kitchener/Waterloo Express office is in the Frederick Mall and serves the Kitchener/Waterloo and surrounding communities. Local businesses and applicants are encouraged to stop by, visit https:/www.expresspros.com/kitchener or call (519) 578-9030.
      
    About Bill Stoller 

    William H. "Bill" Stoller is chairman and chief executive officer of Express Employment  
    International. Founded in Oklahoma City, Oklahoma, the international staffing franchisor 
    supports the Express Employment Professionals franchise and related brands. The Express franchise brand is an industry-leading, international staffing company with franchise locations in the U.S., Canada, South Africa, Australia and New Zealand.