Panama Must Import Labor

There isn´t adequate availability of skilled labor to build, manage and administrate the ambitious projects of the state's infrastructure plan.

Tuesday, November 2, 2010

The construction of the first Metro line involves 3,000 jobs, the redevelopment of the Canal another 6,000 and other infrastructure projects raise the total to 34,000 direct jobs which will be created by 2011.

According to Minerva Betancourt's article in Prensa.com, "According to analysts and experts in labor market, the number of people trained is not growing on par with the projects, and it is likely that by 2013 the demand will exceed the offer. The director of Insight Economy, Jovany Morales, estimated that starting next year there will be a "bottleneck" and that 2014 will be a critical year. "

The problem is that the labor which is needed needs to be qualified. The Panamanian government is beginning to show signs of willingness to import from abroad.



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More on this topic

The Labor Force that Panama Needs

September 2017

Between 300 thousand and 500 thousand professionals in different areas are estimated to be needed in order to cover the jobs that could be generated in the next ten years.

Panama's economic growth potential can not be fully developed if the necessary conditions are not developed, one of which is the quality of the labor supply.  

Shortage of Specialized Technicians in Nicaragua

April 2017

There is still a shortage of workers with the skills and technical training needed to work in several sectors, ranging from agriculture to telecommunications.

Workers with skills to not only operate but also repair specialized farm machinery, and even to train people in the operation of specialized software are what companies have been unable to find in different sectors in Nicaragua. Despite efforts, some even made by various private companies, to fund studies and train their employees so that they can acquire the necessary skills, there remains a significant gap between labor supply and demand in the country.

In Nicaragua Companies Train their Technicians

November 2016

Lack of technically skilled labour is forcing some companies to bear the cost of training their employees.

Food technology and industrial electronics courses haven arisen precisely in response to the needs of the private sector, which increasingly needs employees with technical training. This was explained to Elnuevodiario.com.ni by Berta Mayela Quintanilla, "... Director General of Fundación Victoria, an organization authorized by the Inatec to offer mid-level technical courses."

Growing Labor Shortage in Panama

December 2014

Projections are that for the five year period between 2015-2020 there will be a shortfall of 70,000 workers in the sectors of construction, logistics, tourism and agriculture.

According to the National Competitiveness Center, in the specified period there will be a shortage of workers especially in the logistics sector, where they will need at least 35,000 technicians, ie 49.5%, while in the construction area demand will be for around 28,000 people, representing 40.3%. In the case of the tourism sector it is estimated that it will require approximately 4,113 technicians, ie 5.7% and in agriculture about 3,203, the remaining 4.5%.

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