News

Labor informality in Panama reaches 48.2% despite financial skyscrapers

By Redacción SurEconomics ·

Labor informality in Panama reaches 48.2% despite financial skyscrapers

The National Institute of Statistics and Census (INEC) revealed that the labor informality rate stood at 48.2% of the labor force. The contrast is overwhelming between the capital's skyscraper financial center and the lack of formal employment in the province of Colón and the interior