Posthaste: Looking for a job? You may soon be in luck

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeNewsWorkPosthaste: Looking for a job? You may soon be in luckNearly 60% of Canadian businesses plan to increase their number of permanent positionsLast updated 6 minutes ago You can save this article by registering for free here. Or sign-in if you have an account.Nearly 60 per cent of Canadian businesses plan to increase their number of permanent positions before the end of the year, says survey. Photo by Mike Blake/Postmedia NetworkTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountFrustrated job seekers may soon be in luck as a swath of openings are expected in the labour market.Nearly 60 per cent of Canadian businesses plan to increase their number of permanent positions before the end of the year, according to a recent survey from Robert Half Canada Inc.Forty-five per cent of hiring managers also expect to be on the hunt for contract workers with specialized skills.“Many organizations are ready to advance important business priorities, but successful execution relies on having the right skills in place,” Koula Vasilopoulos, senior managing director of Robert Half Canada, said in a news release.FP Work touches on HR strategy, labour economics, office culture, technology and more.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Work will soon be in your inbox.We encountered an issue signing you up. Please try again“Employers are broadening their talent strategies, leveraging both permanent and contract professionals to access critical skills and keep strategic projects moving forward.”The legal sector is expected to make the biggest push for new employees, with 75 per cent of hiring managers in the field planning to add more staff this year. Meanwhile, 66 per cent of hiring managers in marketing expect to do the same, followed by 64 per cent in human resources companies, and 59 per cent in finance.This comes as Canada’s unemployment rate has fallen every month since April, with June’s rate coming in at 6.5 per cent. Statistics Canada will release its July report next Friday.“Following May’s exceptionally strong gain, hiring moderated in June, and the unemployment rate returned to where it began the year,” TD Bank economist Maria Solovieva said earlier this month. “Pulling back the lens, Canada’s labour market has made modest, but positive progress over the past year.”Still, 53 per cent of businesses are finding it more difficult to find people with the right skills for what they’re looking for.Skills shortages have resulted in project delays for 56 per cent of hiring managers, while 48 per cent had to flat out cancel a project due to a lack of necessary qualifications.Technical skills, industry-specific knowledge and leadership were the competencies most difficult for recruiters to find, according to the report.“Finding professionals with specialized, in-demand skills remains a challenge for many organizations, and employers are increasingly seeking flexible ways to address talent gaps,” Vasilopoulos said.When such skills aren’t available in the talent pool, 37 per cent of managers said they prioritize “high-potential” candidates and then invest in their development.Another 56 per cent of respondents said they intend to seek help from staffing firms to access the specialized skills they need in a hire.“A staffing partner can provide access to skilled professionals who can contribute quickly, maintain business momentum and support long-term future growth,” Vasilopoulos said.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Posthaste is taking a break for the Civic Holiday, but will be back in your inbox Tuesday, Aug. 4. Enjoy the long weekend!Sign up here to get Posthaste delivered straight to your inbox.The U.S. bond market is not overly optimistic that U.S. Federal Reserve Chair Kevin Warsh can get ahold of inflation fast enough to deliver on his promises.On Wednesday, the Fed held its policy rates for the seventh consecutive session, and investors responded by sending the bond yield up as much as 14 basis points to a 19-year high.The move shows investors’ growing concern over Warsh’s ability to tackle U.S. inflation, which has run above the Fed’s target for the past five years.Today’s Data: Canada’s GDP for May, Ottawa’s fiscal monitor for April and May (expected), U.S. employment cost index for the second quarterEarnings: ExxonMobil Holdings Corp., Chevron Corp., Enbridge Inc., Colgate-Palmolive Co., Cameco Corp., Imperial Oil Ltd., Moderna Inc., Magna International Inc.For the children of older Canadians, it can be stressful wondering if they have enough money to live out their lives. But what do you do if they don’t want to talk about it? Columnist Mary Castillo offers some suggestions on broaching this difficult topic and what to do if you find out your parents’ finances are tighter than you thought.Interested in energy? The subscriber-only FP West: Energy Insider newsletter brings you exclusive reporting and in-depth analysis on one of the country’s most important sectors.Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you starting out or making a change and wondering how to build wealth? Are you trying to make ends meet? Drop us a line at wealth@postmedia.com with your contact info and the gist of your problem and we’ll find some experts to help you out while writing a Family Finance story about it (we’ll keep your name out of it, of course).McLister on mortgagesWant to learn more about mortgages? Mortgage strategist Robert McLister’s Financial Post column can help navigate the complex sector, from the latest trends to financing opportunities you won’t want to miss. Plus check his mortgage rate page for Canada’s lowest national mortgage rates, updated daily.Financial Post on YouTubeVisit the Financial Post’s YouTube channel for interviews with Canada’s leading experts in business, economics, housing, the energy sector and more.Today’s Posthaste was written by Ben Cousins with additional reporting from Financial Post staff and Bloomberg.Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at posthaste@postmedia.com.Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters hereNotice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.