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.

The report states that "... An increase in workforces is expected for three of the five regions during the April-June period. The strongest hiring rate is forecast for the Center, where a Net Employment Trend of +15% is reported. On the other hand, moderate increases in the workforce are expected in the West with a trend of +5%, while in the South, a moderate hiring pace is expected with a trend of +2%. However, employers expect to reduce their workforce in the East with a trend of -6% and in the North a trend of 0% is reported.

Employers in five of the six industry sectors expect to increase workforces during the next quarter. The strongest labor market is expected for the Communications & Transportation sector, with a Net Employment Trend of +17%. Slight increases are expected in the Construction and Services sectors, with Trends of +16% and +15%, respectively. Employers in the Manufacturing sector expect an optimistic hiring rhythm, reporting a +11% Trend, while increases in the workforce are expected for the Agriculture, Fishing, Mining & Extraction sector, where the Trend remains at +8%. However, the Trade sector anticipates a slow hiring pace with a Trend of 0%.

Increases in workforces of all four organizational sizes are expected during the second quarter of 2019. Large companies report optimistic hiring plans with a Net Employment Trend of +29%. On the other hand, Medium-sized companies report a favorable Trend of +10%, while Trends remain at +5% and +4% for Micro and Small Businesses, respectively."

See full report.

Do you need to keep track of the key economic indicators in Central America?

Request more information about our Regional Economic Monitor.

Your message has been sent. We will contact you shortly.

Name*

Last Name*

Email:*

Telephone (choose your Country):*

Company:*

Title:*

Size of the Company:* Choose one... Less than 50 employees Between 50 and 250 More than 250

Comments:*  

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.

Need assistance? Contact us

(506) 4001-6423

More on this topic

Strong Increase in Hiring Expectations

March 2020

After the first quarter of 2020 in Guatemala, 10% of companies reported that they planned to increase their payrolls, for the second quarter this proportion rose to 15%.

Employers in Costa Rica report cautiously optimistic hiring plans for the second quarter of 2020. Fifteen percent of employers are contemplating an increase in their payrolls, 6% anticipate a decrease and 78% will remain unchanged, so the Net Employment Trend is +9%, 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.

Costa Rica: Slight Improvement in Recruitment Expectations

September 2019

Although by the fourth quarter of 2019, 13% of companies are expected to increase their payrolls, the proportion that anticipates a decrease went up to 11%.

13% of employers expect an increase in their workforce, 11% anticipate a decrease and 74% remain unchanged, resulting in a Net Employment Trend of +2%, explains the ManPower report.

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%.