Panama: Job Expectations Grow

In Panama in the manufacturing sector, 40% of employers said they will increase their payrolls in the next quarter.

Thursday, June 13, 2013

Panama is the second country in Latin America and the fourth largest globally with the greatest employment expectations for the third quarter of 2013, surpassed by Taiwan, Brazil and Turkey.

This was revealed by the Manpower Survey Employment Outlook for the third quarter 2013, which was carried out in Panama among 620 employers and about 66,000 worldwide. As for the manufacturing sector, in terms of recruitment Panama recorded 40% of employment expectations, a record figure since 2010.

This means that many companies, both domestic and foreign, of all sizes are locating themselves in Panama so as to comply with some kind of transformation process such as relabeling, repackaging or processing of a product, explains Erik Lopez, divisional sales manager for Central ManpowerGroup.

¿Busca soluciones de inteligencia comercial para su empresa?

More on this topic

Recruitment Forecast Down for 2019

December 2018

For the first quarter of 2019, 11% of companies in Panama expect to increase their payrolls, which is less than the 13% reported for the fourth quarter of 2018.

Panamanian employers report limited hiring expectations for the first quarter of 2019, with 11% of employers anticipating an increase in their workforces, 7% expecting a decrease and 78% remaining unchanged, resulting in a +4% Net Employment Trend, says Manpower in its quarterly report.

Optimism in Manufacturing and Services Sectors in Panama

June 2013

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

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%. 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 ".

Strong Demand for Jobs in Panama

September 2012

The Manpower Employment Outlook Survey for the last quarter of 2012 highlights the Commerce and Transport and Communications sectors as having the most demand.

From a Survey by Manpower, Employment Outlook Q4:

Panamanian employers report stronger hiring intentions for the fourth quarter of 2012.

Manpower Employment Outlook Survey

March 2010

For the second quarter of 2010, Guatemalan employers are optimistic, and those in Panama and Costa Rica are very optimistic.

The Manpower Employment Outlook Survey released today, reveals a favorable hiring environment for the second quarter of 2010, with employers anticipating opportunities for Guatemalan jobseekers to remain similar to those reported in the first quarter of the year.