Lack of education keeps Nicaragua from being competitive

The low level of education of most Nicaraguans, and of most Central Americans, in areas of high demand from the rest of the world, is affecting investment levels.

Tuesday, June 17, 2008

In Nicaragua there is little investment and many projects that are underway are almost at a standstill.
Eric Quesada, the regional manpower representative for Central America of Capitales.com, says foreign investors demand a level of workers that the local market cannot satisfy.
The growth of foreign investment in the last decade, especially in the service sector, requires bilingual workers, especially because Central America is close to the United States, but there aren't enough bilingual nationals to satisfy this demand.

More on this topic

The Impossible Costa Rica

February 2015

The unemployment rate now reaches 10% in a population where 60% of workers have not completed high school, but teachers refuse to be evaluated on their ability in subjects they teach.

EDITORIAL

An article in Nacion.com cites statements by Victor Morales, Minister of Labour, on the rising unemployment levels in Costa Rica: "...There is a mismatch between supply and demand in the corporate sector. There is a demand for skilled technicians; but most of the Costa Rican labor force is unskilled. 60% have not finished high school; it is a national drama. "

Dificulties to hire qualified staff increases in Costa Rica

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There has been a rise in the number of firms reporting difficulties in recruiting qualified staff, especially technicians, engineers and sales managers.

In one year the number of companies who said they found it difficult to fill vacancies grew by 11%, according to figures from a survey carried out by the human resources firm Manpower, which states that "...

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