Charlottetown area employers expect a struggling hiring climate for the first quarter of 2018, according to the latest ManpowerGroup Employment Outlook Survey.
Results of the survey indicate three per cent of employers plan to hire for the upcoming quarter, while 20 per cent anticipate cutbacks.
Another 77 per cent of employers plan to maintain their current staffing levels in the upcoming quarter.
Manpower officials say that while the Canadian economy is expected to do well overall in 2018, businesses are adopting a cautious approach.
It’s believed many companies are waiting to see the impact of higher interest rates and proposed minimum wage increases in some provinces.