No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessHiring expectations low for Costa Rican employers in first months of 2015

Hiring expectations low for Costa Rican employers in first months of 2015

A study by consulting company Manpower released Tuesday indicates that 79 percent of private-sector employers in Costa Rica have no staff changes planned for the first quarter of next year, and only 5 percent plan to lay off workers.

The “Costa Rica Employment Outlook Survey IQ-2015” notes that 15 percent of employers anticipate hiring during that period, an increase of 4 percent compared to the current quarter. The figure, however, is 4 percent lower than Q1 of this year.

The province of Heredia reported the most optimistic hiring climate, with a net employment trend of 9 percent, while San José and Cartago reported 8 percent. Hiring intentions in the coastal provinces of Puntarenas and Limón are the least optimistic with a growth tendency of just 1 percent each.

“The job market in commerce, tourism, transport and finance remains positive. However, these results do not reverse the decline registered in manufacturing, construction and services, which may cause a decrease in overall hiring figures,” Manpower Group Central America Commercial Director Eric Quesada said.

The most optimistic hiring plans are in trade, communications and transport, with a net employment outlook of 10 percent each.

Employers in agriculture, fishing and mining also showed positive figures of 9 percent, while manufacturing remains stable at 8 percent. The services sector reported the weakest trend at 1 percent.

Manpower’s survey was conducted from late November to early December of 620 private-sector employers.

Trending Now

Exchange Rate Climbs: What It Means for Your Costa Rica Budget

The Costa Rican colón has dropped against the US dollar in recent days, with the exchange rate moving closer to the 500 colones per...

U.S. Treasury Sanctions Hit Costa Rican Drug Network Tied to Cocaine Trade

The U.S. Department of the Treasury has sanctioned a prominent Costa Rican drug trafficking and money laundering group, highlighting our nation's position as a...

Guatemala Gang Violence Surge Exposes Security Weaknesses

The recent spike in gang violence in Guatemala has exposed weaknesses in the country’s security apparatus, but it has also fueled allegations of a...

Don’t Let an Expired or Missing Costa Rican Cédula Keep You from the Polls

With national elections set for February 1, Costa Rican citizens face a final push to secure their identity cards before heading to the polls....

Poás Volcano National Park Remains Shut as Bridge Repairs Drag On

Travelers planning a visit to Poás Volcano National Park face ongoing disruptions after authorities extended the closure of the site's main access route. The...

Alex de Minaur Into Australian Open Quarterfinals with Dominant Win

Local favorite Alex de Minaur advanced to the quarterfinals of the Australian Open, after a commanding performance against Kazakhstan's Alexander Bublik. The sixth-seeded Australian...
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica