With Panama’s GDP growth rate at 7% to 9% and an unemployment rate of about 4% Panama has a significant number of open labor opportunities on any given day. With inflation at 3.7% at a relatively low cost of living Panama is an attractive place to live and work.

Panama has a few very large projects such as the canal expansion, building a metro rail system under and over the city as well as an ongoing bay cleanup project. The need for all that labor force has forced the government to open up its immigration borders a little wider to accommodate the employment needs.

They say a picture is worth a thousand words so here are a couple graphs of the jobs market and growth rate of the Panama economy.  (data from instituto Nacional de Estadística y Censo – Panamá  www.tradingeconomics.com/panama)

panama-unemployment-rate

panama-inflation-cpi

 

 

Finding a job in Panama

If you are looking for work in Panama here are some helpful links to assist in your search.

Government Offices you may need to know:

Panama Minister of labor 

Panama Immigration

Panama Emprende

Panama Emplea

Below are some of the most popular emplyment search sites and largest employers in Panama:

Konzerta

Estas Contratado

BuscoJobs

Encuentra24

Craigs List

Dell Jobs

US Embassy Jobs

HP Jobs

Select Panama

Micharel Page

LG Panama

Phillips

3M

Select Panama

NCO / APAC

Sitel

PCCW

Citi Bank

CompuTabajo

OpcionEmpleo

Mastrabajo

PanamaEmplea

Accion Trabajo

Latin Top

Select Panama

Maersk