By the second quarter of 2020, 9% of companies in the country expect to increase their payrolls, which is less than the 10% recorded in the same period in 2018.
Panamanian employers report moderate hiring plans for the second quarter of 2020, with 9% of employers expecting an increase in their workforce, 10% anticipating a decrease and 76% remaining unchanged, resulting in a Net Employment Trend of -1%, reported Manpower.
From January to November last year, 201,466 work contracts were registered in the country, 16% less than the figure reported in the same period in 2018.
Reports from the Ministry of Labor and Labor Development detail that between the first eleven months of 2018 and the same period in 2019, the types of indefinite contracts registered a decrease, falling from 66,472 to 50,843.
From January to July of this year, 136,417 work contracts were registered in the country, 12% less than the figure reported in the same period of 2018.
The reports of the Ministry of Labor and Labor Development detail that between the first seven months of 2018 and the same period of 2019, the types of indefinite contracts registered a decrease, dropping from 44,833 to 33,914.
Informality, access to social services and lifelong learning are some of the aspects on which the region's economies must focus in order to improve labor market conditions.
Representatives of the International Labor Organization (ILO) presented in San José, Costa Rica, the report "Working for a brighter future", prepared by the World Commission on the Future of Work, which describes the factors that affect work in the countries of the region.
After the increase of 2% reported in the number of work contracts in the first four months of the year with respect to the same period in 2017, data accumulated up to May registered a decrease of 2%.
The Office of the Comptroller General of the Republic reported that from January to May 2018 labor contracts registered at the national level amounted to 181,666, which is equivalent to a decrease of 1.5% compared to the 184,435 reported in the same period in 2017.
After the 3% decrease reported in the number of work contracts between the first quarter of 2017 and the same period this year, data accumulated up to April registered a 2% increase.
The Office of the Comptroller General of the Republic reported that between the first four months of 2017 and the same period this year, labor contracts registered at the national level grew by 1.6%, from 145,077 to 147,435.
Panama's improvement in the availability index of skilled labor, does not respond to an increase in supply, but to a drop in demand because of a slowdown in the economy.
An article on Panamaamerica.com.pa details the results obtained from the Talent Shortage Survey conducted by Manpower, noting that "... Panama has reduced its deficit of talent and skilled labor by 12 percentage points during the last year, going from 58% to 46%, however, the causes are not so encouraging, since the reduction is due to a decrease in the search for personnel by companies. "
In advanced economies employment is becoming less stable while those in developing economies are focusing on public policies, which stimulates the growth of informality and, paradoxically, unemployment.
EDITORIAL
"It's the economy, stupid."
We will use the now famous phrase coined during Bill Clinton campaign against George Bush, to highlight the paternalistic voluntarism which is fashionable in most of the countries of the region, the only effect it has is to marginalize the formal production economy for more and more people, with an impoverishing final effect. Globalization requires more and more competition, which can only be achieved with maximum flexibility using all resources, including human ones. This, which in itself is inhumane, is a reality that should not be overlooked in the definition and implementation of public employment policies, if they are to be successful and sustainable.
Between January and August 2013 there were 183,562 employment contracts, of which 69,830 were for an indefinite period and 59,763 for fixed work.
The Economic activities which report the most amount of contracts in that period were hotels and restaurants, manufacturing, service, finance and insurance, transport, storage and mail, information, communication, and others, according to the Ministry of Labour and Development (Mitradel) .
Between January and July 2013 there were 159,866 new labor contracts, marking a growth of 14%.
The data was provided by the Ministry of Labor and Workforce Development.
"37% of the contracts were permenant, 29% temporary and the rest were for projects that had a fixed completion date," reported Prensa.com. The sectors where there were the greatest number of contracts included construction, hotels, restaurants and wholesale and retail trade.
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%.
Panamaamerica.com.pa 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 ".
The number of employment contracts recorded during the first quarter of 2013 increased by 20% compared to the same period in 2012.
The demand for staff has intensified due to economic growth, rising domestic demand and the expansion of national and multinational companies in the country.
Statistics from the Ministry of Labour and Workforce Development (Mitradel) reveal that during the first four months of this 2013 87,861 new employment contracts were registered in the country, of which 37.8% are for a fixed period, 29.2% indefinitely, and 32% for work completed.
General indicators, social indicators, the real estate sector, the external sector, the monetary sector, the financial sector and the fiscal sector, for the period from 2007 to 2012.
Authorities at the Bank of Guatemala have made available to operators and the general public, a publication called "Guatemala in Figures", which contains statistical information collected from various sources, including general indicators, social indicators, the real estate sector, the external sector, the monetary sector, the financial sector and the fiscal sector, for the period from 2007 to 2012.
In the first seven months of the year, 235, 529 employment contracts were made, 17, 406 more than in the same period in 2011.
A press release from the Ministry of Economy and Finance of Panama reads:
The Ministry of Labor and Workforce Development, recorded between January and July 2012, about 235,529 employment contracts, contracts 17,406 more than in the first seven months of 2011, as announced by the department of economic research at the Ministry of Economy and Finance, in a report.
The ILO will present "Quipustat," an electronic application tool with labor market information from Latin America and the Caribbean next April 23.
The launch will take place during the "The labor statistics in Latin America and the Caribbean. Progress and Challenges in the 90 years of the ILO" forum to be held in Panama.
Proceso Digital published: "Quipustat presents information for 19 variables and labor market indicators in Latin America and the Caribbean, which in the future will expand its content with additional information on the different dimensions of the decent work agenda. It contains statistics on the labor market in 31 countries and territories in the region. The selection of indicators is based on the ILO's four strategic objectives: to maximize productive employment opportunities for men and women, ensure respect for labor rights, foster social protection and strengthen the processes and institutionality of social dialogue."