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Stable hiring outlook for Third Quarter

Posted by | June 22, 2016 | Costa Rica News

Hiring outlook stable for upcoming quarter

According to the latest Employment Outlook Survey from ManpowerGroup, Costa Rica’s hiring outlook for next quarter is mostly stable.

About 15% of Costa Rica employers said they plan to increase staff between July and September. Of these, 78% said they will maintain their staff unchanged. About 6% say they plan layoffs during the next quarter.

Hiring perspectives for next quarter are down 2% compared to current quarter and down 1% compared to last year.

Guanacaste was the only province reporting negative hiring expectations for the upcoming quarter. One (1) percent more employers plan to lay people off than those planning to hire new workers there. Major construction projects and the arrival of new foreign companies in Cartago and Alajuela provinces suggest job creation is moving outside the San José capital.

Nearly 25% of employers surveyed in Cartago and 20% in Alajuela said they plan to hire new employees in the near future. Those provinces show the highest hiring expectations in the country.

Still, local analysts believe the country’s economic growth is insufficient to reduce the unemployment rate, currently at 9.5 percent, according to the National Institute of Statistics and Census.

 

Stable hiring outlook for third quarter

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