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Panama statistics contradict full employment claims made by Martinelli on CNN

Wednesday, May 4, 2011

Assertions by President Ricardo Martinelli that Panama is a country with no unemployment are contradicted by statistics from the country’s comptroller and the Workers Confederation.

Martinelli’s statements, which included "there is no financial crisis" came in an in interview in Spanish with CNN, but unemployment in the country was 6.5 percent, only 0.1 percentage points below that recorded  for the same period in 2009.

The General Confederation of Workers of Panama rejected Martinelli’s claim and said that in Panama unemployment is even higher than official figures show.

Original source: Newsroom Panama