HomeBusinessPrivate-sector employers wary of hiring during next quarter

Private-sector employers wary of hiring during next quarter

Only two out of 10 private sector employers in Costa Rica are planning to hire more staff in the next quarter, consulting firm Manpower found. However, only 5 percent said they are considering layoffs in the next three months.

The company’s Employment Outlook Survey Q1-2017 released this week found that 72 percent of employers do not anticipate changes in their staff. The best options for job-seekers are in companies located in Heredia. Almost a quarter of companies —22 percent— in that province said they will expand their payrolls.

The figure is the best net employment outlook for the country, and also the best for Heredia since Q4-2011, Manpower reported.

Companies in Guanacaste and Alajuela followed at 16 and 14 percent as the most positive outlooks for the period. Employers in San José were fourth, followed by those in Puntarenas and Limón. Employers in Cartago, at 8 percent, were the most cautious with their hiring expectations.

The net employment outlook for the country is 12 percent, which represents three percentage points more than the outlook recorded for the current quarter. The figure however is three percentage points lower from results recorded during the first quarter of this year.

Hiring by sector

Manpower Country Manager Ana Gabriela Chaverri at a news conference said that all six industrial sectors evaluated showed positive outlooks for the next quarter.

Companies in the Communications & Transportation sector, at 18 percent, showed the best hiring expectations, followed by those from the Services sector and companies in the Agriculture and Fisheries sectors. Hiring intentions improved in four of the six sectors, compared to the current quarter, including services, agriculture and fisheries, and telecommunications and transportation sector, where Chaverri said the recent arrivals of new airlines are the main drivers of the boost.

The telecom sector will benefit from recent announcements such as the launching of operations here next year of U.S. giant AT&T, and a Telecommunications Superintendence confirmation of the opening of public bids to grant telephone and Internet contracts worth $37 million.

“The job outlook for next year can be described as positive,” Chaverri said, adding that recent growth in the local economy should favor a more optimistic outlook for the business sector in coming periods.

Trending Now

Thousands March as Costa Rica Lawmakers Cut 8 Billion Colones From Public Universities

Thousands of students, university staff, union members and social activists marched through San José yesterday against cuts to public university funding. Late that night,...

Costa Rica University Protests Move Forward After Lawmakers Approve New Budget Cuts

Costa Rica's public universities are moving ahead with a major demonstration in San José today after lawmakers approved a controversial reduction in university funding...

Argentine Juan Martin del Potro Returns to Tennis Hall of Fame Ballot for 2027

Juan Martin del Potro has another chance to enter the International Tennis Hall of Fame, and fans have until Sunday, October 25, to help...

Will Costa Rica’s New Megaprison Make Life Safer?

Leave it to the Frente Amplio (Broad Front) political party to spoil the fiesta. Our sparkling new 34 million dollar megaprison was all ready...

Costa Rica Hands Four Suspects to US in Three Days as US Embassy Praises New Prison

Costa Rica extradited four suspects to the US in three days as the US Embassy praised its new maximum-security prison.

Costa Rica Used-Car Imports Fall 85% After Tax Loophole Closes

Costa Rica imported just 631 used vehicles in September, down 85% from a year earlier, as new customs valuation rules took hold. The average declared value doubled to $8,227 and tax per vehicle rose 71%.

Costa Rica Storms Return After 2,000 Lightning Strikes in One Day

If you have plans outside today, do them in the morning. Rain and thunderstorms are forecast across Costa Rica this Sunday, and most of...

More Than 2,000 Caught Entering Costa Rica Parks Illegally

Over 2,000 people were caught entering Costa Rica national parks illegally in three years. A new seal now targets tour transport.

Costa Rica Office Vacancy Could Hit 27% by 2030 as Multinationals Cut Jobs

Costa Rica office vacancy could reach 27.1% by 2030 as multinationals cut 2,205 free-zone jobs, an analyst warns.
L. Arias
L. Arias
Reporter | The Tico Times |
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel