Panama unemployment rate increases
THE UNEMPLOYMENT RATE in Panama has risen to 5.1 percent from 4.8 percent a year ago but there are some areas where the figure is dramatically higher.
While Panama’s economy climbed jobs in hotels and restaurants decreased.
A report from the Comptroller General reveals that “ Although women have a lower participation in economic activity, the unemployment rate (6.2%) is higher than that of men (4.2%),”
The provinces with the highest unemployment are Colon with 10.4%; Bocas del Toro 8.2% and Panama Oeste with 5.8%.
At the low end of the scale are Los Santos with 1.2%, Darien2.3% and Herrera 3%.