Recruitment Expectations Improve

For the first quarter of 2019, 12% of companies in Costa Rica expect to increase their payrolls, a figure that exceeds the 10% reported for the fourth quarter of 2018.

Thursday, December 13, 2018

ManpowerGroup reported that Costa Rican employers report moderate hiring plans for the following quarter. The 12% of employers expect an increase in their workforce, 6% expect a decrease and 76% remain unchanged, resulting in a Net Employment Trend of +6%.

According to the report, the number of employees is expected to increase in four of the six regions during the first quarter of 2019. Alajuela expects the strongest hiring plans with a +8% Net Employment Trend. Heredia expects modest hiring plans with a +5% trend, while Trends remain at +4% and +2% for Cartago and San José, respectively. However, hiring plans are negatively affected in Guanacaste with a -6% trend, as well as in Puntarenas & Limón where the trend remains at -3.

The document adds that an increase in the workforce in five of the six industrial sectors for the following quarter. The strongest hiring plans are reported in two sectors, Trade and Manufacturing, with +5% Net Employment Trends. On the other hand, the Communications & Transportation employers expect a slight increase in the workforce with a +3% trend, while the Agriculture, Fishing, Mining & Extraction and Services sectors report +2% Trends.

See full report.

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From the ManPowerGroup report:

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