Labor shortages boost wages in region

Competition is heating up in Central America for labor in sectors such as agriculture, construction and domestic service.

Friday, April 25, 2008

Wages are increasing rapidly because of the shortage in Panama, Costa Rica and El Salvador.
In Panama and Costa Rica alone, some 300,000 workers need to be imported for harvests and the modernization of the Panama Canal, according to the World Migration Organization.

Market Intelligence

Everything about exports and imports in Central America.

Top companies - Quantities, amounts and prices.

more info

More on this topic

Panama and Costa Rica will need to import 300,000 workers: IOM

April 2008

Costa Rica and Panama will have to import about 300,000 workers over the next few years to ensure the harvest of their agricultural products and the modernization of the Panama Canal, an official from the International Organization for Migration (IOM) says.

The IOM director for Mexico and Central America, José Pirés, said these countries will have to import workers from Bolivia, Ecuador, Colombia, Cuba or Brazil to meet the demand for workers.

Employment crisis in Central America

January 2009

The consequences only could be offset by investing in education and technology and increase the added value of export products.

"Central American, and Nicaragua in particular, will not escape the wave of unemployment that the global economic crisis will cause around the world.

Unpredictable Minimum Wages Kill Jobs

March 2011

The cost of labor is critical for textile companies which migrate from Honduras to El Salvador and Nicaragua, where wages are lower.

Daniel Facussé, president of the Honduran Manufacturers Association (AHM), states that 16 textile companies have moved their operations from Honduras to Nicaragua and El Salvador since the end of 2008.

We need your workers, US farmers tell regional leaders

June 2008

Californian farmers organized an agricultural summit in Fresno to seek ways of bringing more Central American workers to the United States to harvest their crops.

El Salvador's deputy president, Ana Vilma de Escobar, attended the meeting. The American farmers, she said, urgently need to hire 180,000 workers.

 close (x)

Receive more news about Employment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


EB-5 U.S.A Program Immigrant Investor Visa Qualified Commercial Property in Puerto Rico.

EB-5 U.S.A Program Immigrant Investor Visa Qualified Commercial Property in Puerto Rico.
Excellent and modern property, in Trujillo Alto, Puerto...

Stock Indexes

(Dec 18)
Dow Jones
2.43%
S&P 500
2.40%
Nasdaq
2.24%

Commodities

(Dec 16)
Brent Crude Oil
59.9
Coffee "C"
177.70
Gold
1,197
Silver
15.68