Extreme Labor Mobility in Panama

In an economy with a high amount of available jobs, the 57,000 resignations registered from January to May reveal a high level of job instability, which hurts both employers and employees.

Friday, June 28, 2013

Between January and May this year there were about 57,000 renunciations, which is about 3000 more than in the same period of 2012, mainly by people aged between 18 and 35. The predominant cause is the search for better wages and working conditions.

According to the unionist Samuel Rivera, people hand in their resignations for various reasons and one of them is because employers do not comply with the regulations of the Labour Code in regards to contracts, payment of minimum wages, among other things. "This situation, as a country, is not good for us, because workers must accumulate a two-year period in order to have stability and be eligible for loans, so a mechanism has to be found to lower slightly the number of resignations that are registered in the country" he added.

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