Labor Recruitment Starts Down in 2020

During January of this year 30,270 work contracts were registered in the country, 11% less than the figure reported in the same period in 2019.

Thursday, March 5, 2020

The reports of the General Comptroller of the Republic detail that between the first month of 2019 and the same period of 2020, the types of defined contracts registered at the headquarters of the Ministry of Labor decreased from 8,730 to 7,094.

The reports explain that indefinite-type employment contracts registered an increase for the periods in question, rising from 4,111 to 4,453, and in the case of fixed-term contracts they fell from 5,689 to 3,751.

In relation to the proportion of temporary employment contracts, which takes into account those of a definite type and for finished work, they increased their proportion of the total in for the periods in question, rising from 71% in 2019 to 75% in 2020.

See full figures (in Spanish).



More on this topic

Panama: Labor Hiring Drops 16% in 2019

February 2020

Last year, 216,198 work contracts were registered in the country, 16% less than the figure reported in 2018.

Reports from the Ministry of Labor and Labor Development detail that between 2018 and 2019, the types of indefinite contracts registered a decrease, falling from 70,000 to 54,000.

Panama: Labor Hiring Falls to 16%

January 2020

From January to November last year, 201,466 work contracts were registered in the country, 16% less than the figure reported in the same period in 2018.

Reports from the Ministry of Labor and Labor Development detail that between the first eleven months of 2018 and the same period in 2019, the types of indefinite contracts registered a decrease, falling from 66,472 to 50,843.

Labor Hiring Fails to Improve in Panama

October 2019

From January to August of this year, 267,235 employment contracts were registered nationwide, 9% less than the figure reported in the same period of 2018.

The reports of the General Comptroller of the Republic detail that between the first eight months of 2018 and the same period of 2019, the types of contracts defined registered a decrease, falling from 128 thousand to 124 thousand.

Labor Hiring Declines 15% by April 2019

June 2019

During the first four months of the year, 77,282 work contracts were registered in Panama, 15% less than the 91,305 reported in the same period of 2018.

Data from the Ministry of Labor and Labor Development detail that between January and April 2018 and the same period in 2019, the indefinite contract types registered a decrease, going down from 25,980 to 18,878.

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