In Costa Rica, employees under the age of 21 show the highest rates of turnover because of resignation, with 31%, higher than the general average turnover, which is 23%.
The data from the survey Business System Salary Information PricewaterhouseCoopers Costa Rica (PwC), specify that in the country the turnover of workers who began to work in 2018, was 33%.
During the first quarter of the year, 57,724 work contracts were registered in Panama, 17% less than the 69,291 reported in the same period of 2018.
Data from the Ministry of Labor and Labor Development detail that between the first three months of 2018 and the same period of 2019, the types of indefinite contracts registered a decrease, dropping from 19,117 to 13,839.
From January to March of this year, the unemployment rate stood at 11.3%, unchanged from the same period in 2018, and registering a slight reduction of less than 1% with respect to the fourth quarter of last year.
In this first quarter of 2019, 276,000 people were unemployed, and 47,000 more actively sought employment and did not find it compared to the first quarter of 2018.
A drastic fall in productive activity, outflows of investments and the disappearance of thousands of formal jobs are some of the consequences a year after the political and economic crisis in Nicaragua.
In March 2018, CentralAmericaData reported the figures that reflected the economic boom that Nicaragua was experiencing: formal employment grew at a year-on-year rate of close to 3%, economic activity each month recorded year-on-year growth rates of between 4% and 5%, while consumption and imports increased. Only a month later, on Friday, April 19, a series of events occurred that determined a radical change in the trend observed until then. The announcement of the reform of the Nicaraguan Social Security Institute triggered a social, political and economic crisis that the country is suffering so far.
In accordance with the decreases reported last year, in February 2019 there were 755,908 social security workers, 17% less than in the same month of 2018.
The reduction in the number of workers registered with the Nicaraguan Institute of Social Security (INSS) is caused by the behavior of the employment level in the activities of commerce, construction, finance and transport, storage and communications, reported the Central Bank of Nicaragua (BCN).
In Costa Rica, businessmen expect job creation to stagnate this year, as only a thousand new jobs are expected to be created, resulting in a year-on-year increase of just 0.7%.
The forecasts of the Chamber of Industries of Costa Rica (ICRC) for this one are the result of the study that the sector carries out every year, which concludes that in the most positive scenario, the performance of production, employment and investment, would be similar to that of 2018.
Informality, access to social services and lifelong learning are some of the aspects on which the region's economies must focus in order to improve labor market conditions.
Representatives of the International Labor Organization (ILO) presented in San José, Costa Rica, the report "Working for a brighter future", prepared by the World Commission on the Future of Work, which describes the factors that affect work in the countries of the region.
In 2014, the open unemployment rate in the Dominican Republic was 8.8%, but at the end of last year it fell to 5.8%.
The Encuesta Nacional Continua de Fuerza de Trabajo (ENCFT), conducted by the Central Bank of the Dominican Republic (BCRD), details that between 2014 and 2018 the "SU2", which includes workers who are unemployed and those who are employed but would like to work more hours, went from 16.1% to 10.3%.
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.
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.
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.
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%.
The Guatemalan exporters' guild is proposing a plan for the creation of 981.000 formal jobs in the next four years to the government by 2020.
The plan is called "Returning on Course to Create Formal Employment," and was developed by the Guatemalan Exporters Association (Agexport). The proposal includes three cross-cutting strategic axes: investment attraction, human talent, infrastructure and business facilitation.
In Costa Rica, businessmen and authorities signed a protocol defining concrete actions to implement and promote dual education in the country.
The protocol enables concrete actions to be formalized for the implementation and promotion of Presential-Dual Training among companies associated with the Chamber of Industries of Costa Rica (CICR) and other organizations, as well as to increase training opportunities and job opportunities for social mobility, informed the industrial sector guild.
In Guatemala, the debate on the legalization of part-time employment was reactivated, but the regulation, which for years has been promised to be approved, is still not a reality.
The inflexibility of the Guatemalan labor market is an issue of concern to investors, since for years the authorities have been promising to support the necessary changes so that companies can hire staff for the periods they require and not always based on the standard schedule of eight or twelve hours.
During last year, 258,000 work contracts were registered in Panama, 7% less than the 278,000 reported in 2017, and the decline is mainly due to the decrease in temporary contracts.
Data from the Ministry of Labor and Labor Development detail that between 2017 and 2018, the types of indefinite contracts registered a slight decrease, falling from 73,896 to 70,637.