Thursday 29 September 2022

Unemployment in Panama Increases to 6.4%

Paying the bills

Latest

Ministry of Housing approves rent adjustment at 10.64% due to inflation

QCOSTARICA - Do you pay rent? Pay attention: the...

Vaccination against Covid-19 for children between 6 months and 5 years of age will start on Tuesday

QCOSTARICA - Pediatric vaccination against Covid-19 will start next...

Viaduct would be a definitive solution for Ruta 27 with serious sinking problem

QCOSTARICA - Kilometer 44 on the Ruta 27 has...

Diplomatic slip? President Chaves congratulates Italian political party

QCOSTARICA - Experts in international relations consider unconventional  Costa...

Costa Rica legislators reject global income tax

QCOSTARICA - The Treasury Affairs Legislative Committee rejected a...

Therapeutic abortion: how accessible is it for women in Costa Rica?

QCOSTARICA - In Costa Rica, therapeutic abortion is allowed...

Best Things To Do in Costa Rica

Stunning beaches, lush rainforests, mountains with waterfalls, and charming...

Dollar Exchange

¢628.19 Buy

¢636.39 Sell

29 September 2022 - At The Banks - BCCR

Paying the bills

Share

Up to March of this year, the total unemployment rate in Panama reached 6.4%, above the 5.8% reported at the end of March 2018.

Panamanian government persists in fighting unemployment

When analyzing by area, urban showed a 7.2% rate in the third month of 2019, which is higher than that recorded in rural areas, whose rate was 4.2%, reported the Comptroller General.

The report states that “… the rate of participation of women in economic activity was lower than that of men. An equally unfavorable condition was reflected in the female unemployment rate, which by March 2019 was 8.2% versus 5.0% observed for men.

- Advertisement -

The highest total unemployment rate was observed in young people aged 15 to 19 (19.4%). However, this began to decline from the age group of 20 to 24 years until reaching its lowest value in the group of people 60 to 69 years (1.9%).

According to the percentage distribution by province, the highest rates were in Colon (7.5%), West Panama (6.5%) and Panama (6.4%), while for the provinces of Herrera, Darien, Los Santos and the indigenous regions, the lowest rates were presented.”

See full report.

- Advertisement -
Paying the bills
Avatar photo
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Odebrecht case trial begins in Panama with 83 defendants

Q24N (EFE) The preliminary hearing of the Odebrecht bribery case in...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.