Job hiring expectations fall by 11% for 2024

Job hiring expectations fall by 11% for 2024

The employment expectation in Peru for the first quarter of 2024 (see graph) It is 11% lower than what was registered during the last months of the year and, in turn, 10 times less than what was recorded in January, February and March 2023, according to the latest survey of employment expectations from ManpowerGroup.

Likewise, 30% of employers have decided that they will not make changes to their payroll, and a 18% evaluate the dismissal of employees. According to Marco Nicoli, general director of ManpowerGroup Peru, Chile, Uruguay and Paraguay, the current trend reflects cautious behavior on the part of companies when hiring.

“When the MEF confirmed that we are in recessionNaturally, all companies started to have certain safeguards, especially when hiring talent. We didn’t have that the previous quarter or the previous year. Furthermore, starting in November, the threat of a very strong El Niño, works that had not been developed at the right time, which indicated a greater impact, generated the drop in the indicator,” he specified.

  Local Comparative (Quarterly and Annually).  Photo: ManpowerGroup

Local Comparative (Quarterly and Annually). Photo: ManpowerGroup

What type of companies hire the most and the sectors?

The survey also indicates that the Big company, with between 1,000 and 4,999 workers, has the highest hiring expectation, which amounts to 39%. The medium-sized company follows (37%) with 50 to 249 employees. However, the small and microenterprise (mype) It is the one that is most affected and will have the lowest employment incorporation (22%).

“Large companies have the capacity to see more in the long term. And he knows that the recession is not strong, and will probably be reversed starting in December and January. Look at opportunities in the opening of the port of Chancay, the inauguration of the new port of Jorge Chávez and the completion of construction of Line 2 of the metro,” Nicoli added.

Besides, energy and public services (64%) leads hiring intent, followed by finance and real estate (40%), information technology (38%), transportation, logistics and automotive (33%), consumer goods and services (30%), manufacturing and industry (26%), life sciences and health (19%) and communication services (17%).

Source: Larepublica

You may also like

Immediate Access Pro