ProNicaragua launches Work Fair 2008

At the end of August, the official investment agency in Nicaragua will be organizing the Work Fair 2008.

Friday, August 15, 2008

The purpose of the fair will be to create an up-to-date database of the current bilingual workforce in the country that will be used by foreign companies that offer communication and transactions services, to name a few.
ProNicaragua is trying to facilitate the hiring of Nicaraguan personnel by those companies that are dedicated to reducing direct expenses based on the outsourcing of services that do not affect the main activities of the company.

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Formal Employment Increases in Nicaragua

May 2011

In one year the number of employees in the formal labor market has grown by 8%.

41,800 new workers were added to the payrolls of companies between April 2010 and April this year, making the number of registered workers rise to 572,500.

Among the sectors which showed the largest increases were mining, electrical, manufacturing and construction.

Record Employment at Nicaraguan Free Trade Zones

March 2011

Companies operating under the free zone regime reported a total of 89.927 employees to December 3, 2010.

According to the Central Bank of Nicaragua, this is the highest number of jobs for the sector, since February 2008 when 89.198 persons were employed.

Representatives of the textile sector, which own the majority of the 148 companies operating under the free zone regime, state there are 2 factors leading to employment recovery,"... tripartite working arrangements and the U.S. market recovery, Nicaragua's largest trading partner," reported

Labor Contracts in Panama Increase

February 2009

As reported by the Department of Labor, in January of 2009, 20,573 new contracts were registered, 21.7% more than the same period of year 2008.

Orlando Carpintero writes in "The growth was seen in the three types of contracts for which records are kept: For specific projects, there were 2,540 new contracts more than in January of 2008; for defined time frame contracts, 269 more; and, in the open contracts segment, 859 more."

TACA lays off staff

February 2009

The company announced that it decided to lay off 70 employees and delay its expansion projects due to the economic crisis. publishes: "Claudia Arenas, Communications Director at TACA, indicated that 25 flight crew contracts were suspended in Guatemala, from its workforce of 550 in the country."

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Phone: (506) 22976061

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