Costa Rica: Hiring Expectations

For the fourth quarter of 2018, 10% of companies in the country expect to increase their payrolls, 85% do not foresee changes and 4% anticipate a reduction.

Monday, September 17, 2018

From a report by the ManpowerGroup :

Employers in five regions foresee an increase in their workforce during Q4 2018. Employers in Heredia report the strongest hiring intentions with a Net Employment Outlook of + 11%. On the other hand, employers in San José and Cartago report a moderate hiring activity with Trends of + 9%, while the Tendency for Alajuela is located at + 8%. Employers in Guanacaste anticipate a slight increase in their workforce with a Trend of + 4%, however, in Puntarenas & Limón, hiring levels are expected to fall, reporting a Trend of -3% 

An increase in the workforce is expected in the six industrial sectors for 4Q 2018.  The strongest labor market is reported in the Manufacturing sector with a Net Employment Outlook of + 11%.  A favorable trend of + 10% is foreseen for the Communications & Transportation sector, while employers in the Services sector expect a stable hiring rate with a + 9% Trend.  In the Construction sector, employers report a moderate trend of + 7%, while the Agriculture, Fishing, Mining & Extraction and Commerce sectors present Trends of + 5%. 

Participating employers are classified according to the four sizes of organization: Microenterprises have less than 10 employees; Small businesses have 10 to 49 employees; Medium-sized companies have between 50 and 249 employees; and Large companies have 250 or more employees. 

See full report (In Spanish).

More on this topic

Guatemala: Slight Decrease in Hiring Expectations

June 2019

After it was reported for the second quarter of 2019 that 14% of companies projected to increase their payrolls, for the third quarter this proportion went down to 13%.

Manpower's latest report states that Guatemalan employers report moderate hiring plans for the third quarter of 2019, with 13% of employers expecting to increase their workforces, 5% anticipating a decrease and 82% remaining unchanged, resulting in a Net Employment Trend of +8%.

Improved Hiring Expectations

June 2019

For the third quarter of 2019, 10% of companies in Panama expect to increase their payrolls, slightly above the 8% recorded in the second quarter of the year.

Panamanian employers report cautious hiring intentions for the next quarter, with 10% of employers expecting to increase their workforces, 8% anticipating a decrease and 76% remaining unchanged, resulting in a Net Employment Trend of +2%, reports Manpower in its quarterly study.

Guatemala: Stable Hiring Expectations

March 2019

As reported for the first three months of the year, for the second quarter of 2019 14% of companies in the country expect to increase their payrolls.

Guatemalan employers report moderate hiring plans for the second quarter of 2019, with 14% of employers hoping to increase their workforces, 4% expect a decrease and 82% do not expect changes, reported Manpower.

Expectations for Job Hires in 2018

December 2017

For the first quarter of 2018, 24% of companies in Costa Rica expect to increase their payrolls, 71% do not foresee changes and 4% anticipate a reduction.

From the ManpowerGroup report: 

Comparative by Region

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