Hiring Expectations Worsen in Panama

For the second quarter of 2019, 8% of the country's companies expect to increase their payrolls, lower than the 11% recorded in the first quarter of the year and 13% reported to the fourth quarter of 2018.

Thursday, March 14, 2019

Panamanian employers report moderate hiring plans for the period from April to June. 8% of employers expect an increase in their workforces, 6% anticipate a decrease and 85% remain unchanged, reports Manpower in its quarterly study.

The document reviews that "... Employers in two of the four regions expect increases in their workforces for the second quarter of 2019. Central Province employers anticipate a slight hiring pace with a Net Employment Trend of +3% while the Trend for Panama City is +2%.

Over the next three months, employers anticipate an increase in workforces in four of the six industrial sectors. The Communications & Transport sector reports the strongest hiring plans with a Net Employment Trend of +9%. On the other hand, moderate hiring plans are planned with Trends of +2% for the Trade and Services sectors. However, employers expect to reduce their workforces in the Agriculture, Fishing, Mining & Extraction and Manufacturing sectors, reporting Trends of -5% and -2%, respectively
."

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More on this topic

Worsening Hiring Expectations

June 2019

For the third quarter of the year, 8% of companies in Costa Rica anticipate a reduction in their payrolls, and only 9% plan to hire new staff.

For the third quarter of 2019, only 9% of companies in Costa Rica expect to increase their payrolls, well below the proportion of companies (12%) that expected to increase their payrolls during the second quarter.

Stable Hiring Expectations

March 2019

For the second quarter of 2019, 12% of companies in Costa Rica expect to increase their payrolls, as reported during the first three months of the year.

ManpowerGroup reported that Costa Rican employers report moderate hiring intentions for the second quarter of 2019. 12% of employers expect an increase in their workforce, 6% anticipate a decrease and 81% remain unchanged, resulting in a Net Employment Trend of +6%.

Recruitment Forecast Down for 2019

December 2018

For the first quarter of 2019, 11% of companies in Panama expect to increase their payrolls, which is less than the 13% reported for the fourth quarter of 2018.

Panamanian employers report limited hiring expectations for the first quarter of 2019, with 11% of employers anticipating an increase in their workforces, 7% expecting a decrease and 78% remaining unchanged, resulting in a +4% Net Employment Trend, says Manpower in its quarterly report.

Recruitment Expectations for 2019

December 2018

In the first quarter of next year, 14% of the business sector in Guatemala plans to increase its contracting, mainly in the construction, services and manufacturing sectors.

From the ManPowerGroup report:

Guatemalan employers report positive hiring plans for the next quarter, with 14% of employers expecting to increase their workforces, 4% anticipating a decrease and 82% remaining unchanged, resulting in a Net Employment Trend of +10%.

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