Issue link: https://read.uberflip.com/i/1492549
Talent Solutions – Latin America Q4 2022 | 54 ▪ Y y f N v b '22 was 1.49% ▪ 2021 year on year wage growth was 1.2%. 2 y 2 y ▪ Equal pay for equal work and anti- discrimination laws. ▪ In 2017, women in the formal sector in Panama earned less than half of the salary of men in the formal sector. ▪ Employment quotas for people with disabilities. Restrictions on hiring foreigners. Latest Available Data Q4 2022 2021 Total Labor Force (000s) 1,954 2,003 Employed Workers (000s) 1,761 1,633 Unemployed Workers (000s) 193 371 Unemployment Rate 9.9% 18.5% 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 22 ▪ Since 2000, the Working Age Population (15-64 years) has increased by 55%. Population in Thousands International Monetary Fund * Estimate Work Force Statistics Workforce Participation Rate by Age and Gender Inflation and Wage Growth Gender Equity and Inclusion Gender Gap Scores Compared to Region Year on year GDP Growth (%) ILOSTAT World Economic Forum Global Gender Gap Report 2022 Evolution of the Key Working Age Population over Time ILOSTAT Panama