Over 104,000 New Jobs in Panama

In the first four months of the year 104,598 new posts were registered, according to the Economy and Finance Ministry (MEF).

Thursday, August 5, 2010

The Panama Canal expansion works alone created 7,000 new jobs.

The positions in highest demand were technicians, specialist engineers and operators of heavy plant equipment.

"Another factor highlighted by the MEF is the approval of work permits for foreigners. Panama's Ministry for Employment and Social Welfare processed 3,842 permits in this period, 1,504 more than in the same period last year," reports Panamanewsbriefs.com.

More on this topic

Formal employment in Nicaragua Continues to Grow

June 2017

As of April, the year-on-year increase in the number of formal workers was 7%, mainly due to a 13% increase in companies working in the commerce, hotels and restaurants sector.

A report by the Central Bank of Nicaragua with figures for the month of April indicates that "...The administrative records of the INSS show the affiliation of 914,276 workers in April, 6.9 percent higher than in the same month of the previous year.

Panama: New Works to Create More Jobs

January 2017

42,000 is the number of estimated positions for professionals and technicians that will become available with the start of major projects such as the construction of the gas terminal in Colon, the fourth bridge over the Canal and the second Metro line.

Statistics from the Ministry of Labour and Development indicate that the largest proportion of the jobs required correspond to technical and unskilled workers, and to a lesser extent, professionals.

Private Employment Drops in Costa Rica

September 2010

The recovery which started in September 2009 has come to an end in March 2010 and since then, more than 3,000 jobs have been lost.

The global economic crisis of 2008 caused the disappearance of 50,000 jobs in the private sector. Recovery began in September 2009 through March 2010 generating 36,000 new jobs. But since then, private employment has begun to fall again.

Panama: 21,000 New Jobs for 2014

July 2010

A study by the Labor Ministry concluded that the economy will generate 21,000 new jobs in the next four years.

The two main areas will be the Panama Canal Expansion and the Howard special economic area (Panama Pacifico).

"Last week, President Ricardo Martinelli stated that Howard would generate 25,000 jobs", noted Prensa.com.

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