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

Costa Rica Among Only Two Latin American Countries Where Most Say Nation Is on Right Track

Costa Rica is one of only two Latin American countries where a majority believes the nation is heading in the right direction, according to the 2026 Latinobarómetro.

Panama Earthquake Aftershocks Could Shake Costa Rica for Weeks

Costa Rica could experience more tremors in the coming days and weeks as Panama continues to record aftershocks from yesterday's powerful magnitude 7.7 earthquake....

New Details Reveal Political Contacts of Producers in Costa Rica Money-Laundering Probe

New details emerging from Costa Rica’s investigation into alleged drug-money laundering through concerts show that two prominent event producers detained this week had recent...

Water Upgrades for Jacó, Quepos and Manuel Antonio Stall After Seven Years

A loan-funded program to upgrade water systems in Jacó, Quepos, Manuel Antonio, Limón and Guácimo has reached just 25% completion after seven years, according...

Camera Traps Track Jaguars in Costa Rica’s Tortuguero

Camera traps installed along Costa Rica’s Caribbean coast have identified 11 individual jaguars in and around Tortuguero National Park, offering researchers a closer look...

Costa Rica Coffee Producers Warn Strong Colón Is Forcing Job Cuts

Costa Rica’s coffee industry is warning that the unusually strong colón is putting growing pressure on farms, pushing some producers to cut workers and...

Route 32 to Costa Rica’s Caribbean closed after overnight landslide

Route 32 closed overnight at Zurquí after a landslide. Here's what it means if you're driving to the Caribbean today.

Juan Manuel Cerúndolo Beats Nicolás Mejía to Set Up Carlos Alcaraz Clash in Shanghai

Argentina's Juan Manuel Cerúndolo advanced to the second round of the Shanghai Masters on Thursday with a 6-4, 6-4 victory over Colombia's Nicolás Mejía,...

Canadian arrivals in Costa Rica jump 24% as travelers skip the US

Canadian visits to Costa Rica are up 24% this year, and long stays are driving millions in new spending.
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