Employers more cautious about creation of new jobs this year

  • 2020-01-30
  • LETA/TBT Staff
Demand for labor will remain high this year, but slowing economic growth and increasing problems with labor availability will make employers more cautious about creation of new jobs, according to an annual survey of entrepreneurs by CV-Online Latvia. 33 percent of employers are planning to hire new workers this year, which is 15 percent less than a year ago. In turn, the number of companies that will both hire and dismiss employees has slightly increased – 31 percent of employers surveyed said so. In contrast, 23 percent of employers are planning neither this year, ...
 
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