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, 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.

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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.


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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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