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Monday, September 23 2019 @ 03:39 am EDT

39% Of Panamanians Engaged In "Informal Employment"

Employment & JobsThe Director General of Employment, of the Ministry of Labor and Social Development (Mitradel), Samuel Vargas, said that 39% of Panama's population is engaged in informal employment, while the rest of the population with some form of training is devoted to employment formal.

"Although there are many open jobs, the lack of preparation is one of the problems that exist in the country, and therefore they find it difficult to get a job," he said.

He said the unemployment rate is at 4.5%, which represents about 60 thousand people, yet in the capital city there are 70,000 vacancies to be filled.

He said many more employees are required, and the businesses are finding it difficult because people don't want to work, or they are not trained to do the work that's required. (Panama America)

Editor's Comment: And, there you have it. Unemployment in Panama is 4.5% - so that means 60,000 people are unemployed. Simultaneously, there are now 70,000 open positions going unfilled. Hence - unemployment = 0% (or less - manpower deficit). Those who can't get jobs either don't want to work (lazy) or they are not properly trained. Of course there's still poverty and unemployment in the remote areas of the interior, mostly because those people live far away from the jobs. If they moved, they could easily find work if they wanted to. Anyone with an ounce of intelligence, motivation, education, and training is gainfully employed.

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39% Of Panamanians Engaged In "Informal Employment" | 1 comments | Create New Account
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39% Of Panamanians Engaged In \"Informal Employment\"
Authored by: Anonymous on Friday, November 09 2012 @ 08:40 pm EST

"Anyone with an ounce of intelligence, motivation, education, and training is gainfully employed." Expats not withstanding, however.