Panama to Continue to Recruit Foreigners

Keeping up with the pace of economic growth, in 2018 the employment rate will be double the current level.

Thursday, November 28, 2013

During the conference entitled "Impact of the Economy in the Private Sector" , organized by the Chamber of Commerce, Industry and Agriculture of Panama, the president of the consultancy company Intracorp S. A., Ruben Lachman, said that companies that require skilled labor will continue to recruit foreigners who match the professional profile they are looking for.

In the view of Lachman, the competitive educational level held by outsiders is the reason why companies hire them, as it goes hand in hand with the current demands of the private sector.

" ... The specialist said that the unemployment rate in 2010 was 6.8% , and by 2011 had fallen to 4.7 %, followed by 2012 which registered 4.2 % , it means that since 2014 , the figure reduced by up to 4.0 % and, knowing that in Panama doesn't have trained professionals. Lachman found that this will not be a problem, because they are already importing professionals to fill these positions, increasing migration of foreigners. "

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