Favourable Expectations of
Employment in Panama
PANAMA - The labor market in Panama shows
positive for the third quarter of 2010 with
possibilities of increase work force in the
business sector, informed expert sources.
According to consultation institution,
Manpower, a survey made of 620 companies in
the country revealed that 22 percent expect
an increase in staff, 72 dismissed changes
and only six of every hundred considered
that there will be a reduction of employees.
Eric Quesada, regional director of the
Centroamerica y República Dominicana company
placed only 16 percent the Net Tendency of
Employment for the whole country with values
above this average for the province of
Panama (25 percent).
Meanwhile in Colón this indicator registers
as 11 percent and in the western region (Chiriqui
y Bocas del Toro) this indicator was six
percent, while in the central region (Cocle,
Veraguas, Los Santos and Herrera) the value
was one percent.
Quesada also told the press that the study
was made by sectors with bigger dynamism in
Transportation and Communications (25
percent) Business and Services (18 percent)
and Manufactured goods (11 percent).
For construction, agriculture, fishing and
mining the balance is positive although a
reduction ranges between three and 16
percent as referred to the previous quarter.
The survey indicates an error margin of 3.4
percent for Panama.
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