Panama Increased hiring in the capital

Increased hiring in the capital
la prensa

The majority of contracts have been issued in the fields of construction, commerce, and call centers.

The sustained growth of Panama's economy is a key attraction for the installation of new businesses, and thus the generation of employment.

The Contract Analysis Department of the Ministry of Labor and Workforce Development (MITRADEL), up until the third week of March 2010, recorded a total of 35,369 labor contracts.

Of this total, an estimated 11,068 were fixed-term contracts, some 8,839 were for an indefinite period, and another 15,462 were classified in the category of specific projects.

The head of Contract Analysis at MITRADEL, Gabriel Quintero, said the total number of new contracts registered as of March of this year will surpass the figures reported in March 2009, when there were approximately 53,417 labor contracts on record.

These figures only cover the metropolitan area and exclude jobs that are being generated by the expansion of the Panama Canal.

The majority of contracts have been issued in the fields of construction, commerce, and call centers.