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    The graph shows median monthly wages by occupation in Panama in 2019. Professionals, scientists, and intellectuals earned the highest wages, while uncertified workers, miners, construction workers, industrial workers, manufacturers, and public transport drivers earned the lowest wages. This shows that level of education plays a big role in wage differences. Additionally, the disparity between highest-paid and lowest-paid jobs was around $800, and lower wages were insufficient for living standards given economic troubles and inflation.

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    The graph shows median monthly wages by occupation in Panama in 2019. Professionals, scientists, and intellectuals earned the highest wages, while uncertified workers, miners, construction workers, industrial workers, manufacturers, and public transport drivers earned the lowest wages. This shows that level of education plays a big role in wage differences. Additionally, the disparity between highest-paid and lowest-paid jobs was around $800, and lower wages were insufficient for living standards given economic troubles and inflation.

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    2 views2 pages

    Classwork#2 Referencing List

    Uploaded by

    1004813miguel
    The graph shows median monthly wages by occupation in Panama in 2019. Professionals, scientists, and intellectuals earned the highest wages, while uncertified workers, miners, construction workers, industrial workers, manufacturers, and public transport drivers earned the lowest wages. This shows that level of education plays a big role in wage differences. Additionally, the disparity between highest-paid and lowest-paid jobs was around $800, and lower wages were insufficient for living standards given economic troubles and inflation.

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    © All Rights Reserved
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    of 2

    Graph 8

    Panama: median monthly wage by occupation,2019


    (In dollars)

    The graph shows the difference between professions in Panama. We can see that the
    highest paid individuals are the professionals, scientists and intellectuals. The ones who
    get paid the least, however, are the uncertified workers, miners, construction workers,
    industrial workers, manufacturers, public transport drivers, etc. Hence we can say that
    the level of education attained by different individuals plays a big role in the wage
    difference. The latter is sustained by the fact that the second and third most paid
    professions are all educational mandary related jobs.

    Additionally, we can also see that the disparity between job pay is really big in the
    country with a range of around 800 dollars between the highest paid job and the lowest.
    It is also worth mentioning that the wage situation is disastrous, as the economy
    worsens and inflation occurs, the lower wages aren’t really sufficient for citizen
    sustainability and living standards.
    Reference

    ● Inec panama. (2019). Encuesta de Mercado Laboral. [pdf] Panama: Instituto


    Nacional de Estadística y Censo, page 3. Available at:
    https://www.inec.gob.pa/archivos/P0705547520191212115342COMENTARIOS.pdf
    [Accessed 15 March. 2024].

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