Growing Demand for Labor in Panama

Between January and August 2013 there were 183,562 employment contracts, of which 69,830 were for an indefinite period and 59,763 for fixed work.

Monday, October 21, 2013

The Economic activities which report the most amount of contracts in that period were hotels and restaurants, manufacturing, service, finance and insurance, transport, storage and mail, information, communication, and others, according to the Ministry of Labour and Development (Mitradel) .

During the same period the number of resignations totaled 63,987, of which 11,059 were filed in January. reports: "According to Mitradel's general secretary, Mario Molino, the demand for manpower in the country remains strong despite the economy growing at a slower pace than in 2012, to the point that if you compare August 2012 to August of this year there was an increase in the number of contracts of 13.5%. "

¿Busca soluciones de inteligencia comercial para su empresa?

More on this topic

Too Many Jobs, Not Enough Workers

April 2018

It is estimated that between 2015 and 2020, Panama will need to hire around 68,000 employees with technical specialties, and the logistics sector will be the leader in the demand.

According to a labor market study carried out by the Ministry of Labor and Labor Development (Mitradel), estimates for from demand companies for technical personnel is high, with the logistics, industry, tourism, agriculture and construction sectors being those that most need staff with these capabilities. 

Jobs Fall Due to Slower Economic Pace

June 2015

Panama's improvement in the availability index of skilled labor, does not respond to an increase in supply, but to a drop in demand because of a slowdown in the economy.

An article on details the results obtained from the Talent Shortage Survey conducted by Manpower, noting that "...

Rise in Employment Contracts in Panama

September 2013

Between January and July 2013 there were 159,866 new labor contracts, marking a growth of 14%.

The data was provided by the Ministry of Labor and Workforce Development.

"37% of the contracts were permenant, 29% temporary and the rest were for projects that had a fixed completion date," reported

Panama Accelerates Recruitment

June 2013

The number of employment contracts recorded during the first quarter of 2013 increased by 20% compared to the same period in 2012.  

The demand for staff has intensified due to economic growth, rising domestic demand and the expansion of national and multinational companies in the country.