Another meeting held to end SUNTRACS


The third meeting of the “parallel table” between the leadership of the Panamanian Chamber of Construction (CAPAC) and the Single Union of Construction Workers and Similar (SUNTRACS), the parties moved their positions, which seems to put more close an agreement and put an end to the strike that is now on its 23rd.

The “parallel table” ended just after 10 o’clock last night and the positions reached a point where the leadership of SUNTRACS lowered its aspirations of wage increase to four percent per year, for four years and the CAPAC rose to 2.5 per cent. annual cent, for four years. The parties hope to meet again soon, confirmed a source from the Ministry of Labor.

It is probable that the agreement is paid at a mid-point of what is currently on the table, ie between 3 and 3.25 percent annual increase.



No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Bleak job outlook for “young” Gen-Z Panamanians   The recent results of the Labor Market Survey as of August 2023, carried out by the Institute of Statistics and Census (Inec), which collects the evolution of employment, marked a strong trend of the crisis experienced by Panamanian youth employment. In the reference month of the survey, the …

PRD puppet Carrizo pounds chest on jobs report.

  Carrizo nabs credit for 101,976 jobs. Almost as much as the sq,footage of his new home.   The Panamanian economy continues to be strong and until April of this year, it managed to generate more than 101,976 new jobs in a formal way, the presidential candidate for the Democratic …

The one group of immigrants PANAMA “does” want to come over. Digital Nomads

The rise of remote or remote work, pushed by the covid-19 pandemic, opened the door to digital nomads. So much so that today it is one of the most frequently heard terms when talking about work trends and lifestyles in the world. A digital nomad is a person who uses the …