In Panama four out of ten companies failed to find the ideal candidates when they needed them.

Data from Manpower reveals that worldwide the talent shortage is around 40%, in Colombia it is 50% and in Panama 36%. Monica Flores, president of the group for the region, said that “… ‘we have overvalued degrees and university titles, when what is needed today are professionals and specialised technicians’.”

According to Flores, education systems lag behind compared to the speed with which the world is advancing which is one of the main reasons behind the gap between what businesses need and what the market is supplying. “… ‘Young people are not studying what they should be studying, those of us who are not that young do not know what to do; this is a circle that is not yet virtuous.

Source: Panamaamerica.com.pa