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Early Signs of Recovery in Natural Resources?

Posted by Rowan O'Grady, President Hays Canada, on Thursday, Apr 3, 2014

hays oil and gas canada blog imageAs major projects are approved and employer’s confidence increases, there are signs of green-shoots in the natural resources industries in Canada.

Over the last year, we have seen an increase in hiring from employers in Forestry and our Resources and Mining team have just celebrated a record month of activity indicating that the industry is gaining momentum.

In oil and gas, the much anticipated approval of projects such as the Northwest Liquefied Natural Gas (LNG) and Fort Hills projects have caused many companies to kick start hiring plans. The Global Job Index released this month, shows there was an upswing in the number of oil and gas jobs available in Canada at the end of 2013. Although dampened, by the holiday season, this hiring activity is positive and the renewed confidence continues on into this year. Employers are implementing strategies now to target specific skills needed throughout duration of these projects. Canada is new to the LNG market, so we are seeing hiring managers recognizing the need to search internationally to secure some of the specialist, experienced talent required. As the Calgary Herald recently reported, looking overseas for skilled talent appears to be a growing trend and we are utilising our global office network to tap into larger talent pools for more positions in natural resources than any of our other specialisms.

A recent article in mining.com suggested assertive action is needed from businesses in order to encourage a healthier market to emerge. So, although we’re not out of the woods yet, overall the outlook for the natural resources sector is positive and this confidence is translating into actual jobs as the industry recovers.

Find out more about oil and gas hiring activity in Canada and what employers are projecting for the coming year, read our Global Job Index Q4 2013.

Learn more about Rowan O'Grady, Hays Canada President, or request an interview.

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