Guatemala: Slight Decrease in Hiring Expectations

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%.

Thursday, June 13, 2019

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%.

The report explains that "... Increases in workforces are expected in the five regions over the next three months. The strongest labor market is forecast in the Center where the Net Employment Trend remains at +14%. Slight increases in the workforce are expected in the South, with a +9% trend, and in the East with a +7% trend. On the other hand, employers report moderate hiring plans in the West and North, with Trends of +5% and +4%, respectively.

Employers expect to increase their workforces in all six industrial sectors during the next quarter. The Services sector reports the strongest hiring intentions with a Net Employment Trend of +16%. Favorable increases in workforces are also anticipated in the Construction sector, where the Trend remains at +14%, and in the Manufacturing and Communications & Transport sectors with Trends of +12% and +11%, respectively. Meanwhile, employers in the Agriculture, Fishing, Mining & Extraction sector report the weakest trend of +4%, and employers in the Commerce sector expect moderate increases in their workforces with a +6% trend.

Increases in workforces are anticipated in three of the four organizational sizes during the following quarter. The strongest labor market is reported for Large companies with a favorable Net Employment Trend of +32%. On the other hand, mid-sized companies expect stable hiring plans with a +11% trend, while the Small Business Trend remains at +9%. On the other hand, Microenterprises report an insecure Trend of -1%.
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More on this topic

Recruitment Expectations Not Improving by 2020

December 2019

For the first quarter of 2020, only 10% of companies in Panama expect to increase their payrolls, a proportion that is slightly lower than the 11% recorded in the same period of 2018.

Panamanian employers report slow hiring plans for the January-March period, with 10% of employers expecting to increase workforces, 10% anticipating a decrease and 75% remaining unchanged, resulting in a Net Employment Trend of 0%, reported Manpower.

Guatemala: Recruitment Expectations for 2020

December 2019

After in the fourth quarter of 2019, 15% of companies reported that they planned to increase their payrolls, for the first quarter of 2020 this proportion drops to 12%.

Guatemalan employers report moderate hiring intentions for the first quarter of 2020. With 12% of employers expecting an increase in their workforces, 5% predicting a decrease and 83% remaining unchanged, reported Manpower.

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.

Costa Rica: Hiring Expectations

September 2018

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.

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% 

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