Economy Politics Country 2026-01-07T04:07:28+00:00

Growing unemployment in Panama causes concern

The Panamanian government plans to combat rising unemployment, projected at 10%, through infrastructure investments. Despite this, the labor market remains unstable, especially for youth and people over 40.


There is growing concern among citizens, especially for people over 40, who report facing many barriers to re-entering the workforce. Regarding projections for 2026, the government is betting on investment in infrastructure as one of the main drivers for job creation, both direct and indirect. The Minister of Labor and Labor Development, Jackeline Muñoz, reported that the unemployment rate closed 2025 at 9.5%, with the possibility of rising to 10%. According to the minister, this figure was mainly motivated by the situations generated in Bocas del Toro, which caused the loss of more than 7,000 jobs. Muñoz highlighted in an interview with TVN Noticias that to these figures are added indirect effects such as tourism, logistics, and commerce, which complicated a labor market that was already suffering from several crises. She also stated that the behavior of hiring throughout the year reflected marked irregularity. Meanwhile, she pointed out that the group of young people continues to be the most affected, although she highlighted labor insertion programs. Among these initiatives, the 'Más Territorio' program stands out, which aims to bring job opportunities to the communities.