Optimism in Manufacturing and Services Sectors in Panama

Panamanian employers predict that in the last four months of 2013 the trend for employment in manufacturing will be 40%.

Friday, June 28, 2013

According to a survey by Manpower, in second place is the service sector, as this area has a steady rhythm for hiring, with a trend of 37%.

Panamaamerica.com.pa reports that "on the other hand, employers forecast an upbeat hiring pace both for trade in agriculture, fishing, mining and extraction with a trend of 20% and 17% respectively ".

"However, hiring plans are weakening in three sectors. The trend of trade has decreased by 13% and 10% less has been reported in construction and transport and communications. "

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Growing Demand for Labor in Panama

October 2013

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.

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) .

Costa Rica: Optimism in Recruitment

September 2012

For the fourth quarter of 2012 the most optimistic hiring plans have been reported by the transport and communications sector, with a Net Employment Outlook of +27%.

From the Report by Manpower, Employment Outlook Survey for Q4:

Employers in all six sectors expect an increase in their workforces during the fourth quarter of 2012.

Guatemala: Stable Expectations for Recruitment

September 2012

The sector with the best availability for hiring staff is Construction, with a Net Employment Outlook of +19%.

From the Report Manpower Employment Outlook Survey for Q4:

Employers expect to increase their workforces during the next three months in all sectors. The most optimistic hiring expectations are reported in construction with a Net Employment Outlook of +19%.

The Crisis in Human Resources in Panama

July 2011

Training of qualified personnel at all levels is absolutely insufficient to meet the demand of an economy with such high growth rates.

In Panama, the gap between demand and supply of employment, both in quantity and quality, is expanding at the same pace as the growing list of infrastructure projects in execution, which is increasing the arrival of multinational companies, saturating hotels with the number of business travelers and tourists.

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