43% of Nicaraguan business owners expect to cut personnel

43% of the member companies of the Chamber of Trade in Nicaragua expect to cut jobs and 40% will mantaint the current level.

Friday, February 6, 2009

In an article on the elnuevodiario.com.ni, the president of the Chamber, Ernesto Porta, declared that "The results of the survey indicate that 83 percent of our members are going to maintain or reduce jobs positions" and "...he added that in January of this year the sector experienced very low activity, coinciding with a decrease in imports..."



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There is No Longer a Standard Employment Model

May 2015

In advanced economies employment is becoming less stable while those in developing economies are focusing on public policies, which stimulates the growth of informality and, paradoxically, unemployment.

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"It's the economy, stupid."
We will use the now famous phrase coined during Bill Clinton campaign against George Bush, to highlight the paternalistic voluntarism which is fashionable in most of the countries of the region, the only effect it has is to marginalize the formal production economy for more and more people, with an impoverishing final effect. Globalization requires more and more competition, which can only be achieved with maximum flexibility using all resources, including human ones. This, which in itself is inhumane, is a reality that should not be overlooked in the definition and implementation of public employment policies, if they are to be successful and sustainable.

Unemployment in Costa Rica Remains at 10.4%

September 2013

The net rate of national labor participation remained at 62.7% of the working age population, the same as it was in the second quarter of 2012.

From a press release issued by the National Institute of Statistics and Census (INEC):

The Costa Rican labor market shows stability between the second quarter of 2012 and the same period in 2013, when the net rate of national labor participation remained at 62.7% of the working age population. While men maintain a rate of 76%, the participation rate of women has wavered between 48% and 49% for more than a year, when it increased its share.

ILO expects more unemployment in the region

January 2009

According to the latest report from the International Labour Organisation (ILO) less jobs will be created in 2009 due to the economic crisis.

Elnuevodiario.com.ni reports: "With growth forecasts of between 2% and 3% compared to the 5% average for the last five years, "the generation of jobs will be not be enough to meet the demand for labor and, hence, the levels of unemployment will probably increase" in the region, according to the Labor Panorama 2008 report".

Guatemala: Employment drops 30%

January 2009

Personnel recruiters agreed that employment has been reduced by at least 30% in the last year.

Prensalibre.com reports: "Yesterday, some 1000 individuals attended the Employment Fair 2009 during the first 3 hours after it was opened by the Guatemalan - American Chamber of Commerce (Amcham).

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