2023-09-12 15:03:26
Despite the economic crisis and the uncertainty inherent in an electoral process that is so difficult to predict, employers in Argentina generally plan to increase their workforce in the period October-December 2023. Patagonia is no exception, and exhibits promising figures.
According to the ManpowerGroup Employment Outlook Survey, At the national level, 31% of employers plan to increase their staffing in the last quarter of the year, while 23% plan to reduce them. Likewise, 43% do not expect to make changes and the remaining 3% do not know if they will make them.
The average is, thus, positive: the Argentine employers consulted anticipate a Net Employment Expectation (ENE) for the fourth quarter of 2023 of +11%. This shows that The percentage of employers that anticipate an increase in their workforce is 11 percentage points (pp) higher than the percentage of employers that expect a decrease in their workforce in the next quarter.
- 31%
- It is the percentage of employers in Argentina that plan to increase their staffing in the fourth quarter of 2023.
The national ENE for the fourth quarter of 2023 represents an improvement of 5 pp compared to what was surveyed for the July-September period 2023 and 2 pp in interannual terms. The ENE is a refined indicator of seasonal components.
Good employment expectations in Patagonia
According to the report, Patagonia is the second region of the country with the best employment expectations for the fourth quarter of the yearonly surpassed by the Argentine Northeast (NEA).
In the Patagonian region, the percentage of employers that anticipate an increase in hiring for October-December is higher than the percentage of employers that anticipate a reduction: the difference (ENE) is 14 percentage points.
Patagonia is the second region in the country with the best employment expectations for the fourth quarter of the year.
This indicator is not only higher than the national average, but also marks a substantial improvement compared to the third quarter of the year, when the expectation was negative: There were more employers who planned to reduce the payroll of workers than those who planned to increase it. However, Compared to the fourth quarter of last year (2022), the ENE shows a slight reduction for the Patagonian region.
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