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%.
The country's labor problems could be solved by developing an immigration policy that allows skilled foreign workers to work and also train panamanians.
In his opinion piece Rene Quevedo notes the difficulties facing the Panamanian labor market due to a lack of national technical professionals and because of a preference for adult workers over young people with little experience and training.
There has been a rise in the number of firms reporting difficulties in recruiting qualified staff, especially technicians, engineers and sales managers.
In one year the number of companies who said they found it difficult to fill vacancies grew by 11%, according to figures from a survey carried out by the human resources firm Manpower, which states that "... five out of 10 employers looking for talent have had difficulties filling vacancies in 2014. "
A lack of specialized technical personnel in manufacturing is raising business costs and reducing productivity.
The lack of staff qualified to repair machinery is not only raising costs but is also creating additional delays, causing a decrease in customers and jeopardizing business continuity. It is estimated that the poor repair of machines makes operating costs of enterprises up to 20% more expensive.
A proposal has been made to restructure technical training programs and focus them on the needs of businesses.
Sandinista Central Workers (CST) and the Trade Union Coordinating Committee have proposed to the American Chamber of Commerce of Nicaragua (AMCHAM) that there be a restructure of technical education programs, adapting them to the country's needs and the requirements of companies interested in investing in the country.
A professional degree used to be a guarantee of social mobility and prestige, but the current labour market pays little for some of them.
The labor market can be compared to the commercial market. Salaries are defined by the evolution of supply and demand. When supply is greater than demand, salaries are lowered and when demand is greater than supply, wages rise.
Panamanians are not interested in technical careers but rather social ones, as reflected by the short supply of professionals to meet the needs of the industry.
This issue was discussed during the forum 'maritime sector and the impact of human resources in its development ", organized by the International Maritime University of Panama (UMIP by its initials in Spanish). According to the Director of Planning of the UMIP, Fernanda Billard, opportunities exist for technical training and supplying the workforce, but these have not been taken up by Panamanians.
The Cabinet has approved a bill which streamlines the process for hiring professionals and foreign health technicians in the Social Security Department (CSS) and the Ministry of Health.
Facing a lack of specialized technicians, representatives from private companies are motivating students to train in technical careers and foster the development of new specialties.
Given the need for technical personnel in the province of Alajuela, businesses from the free zone area El Coyol, held a meeting with senior students encouraging them to train in the technical specialties necessary for the productive sector.
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