Economy, jobs and prices in Cocle, Panama: official figures
The unemployment rate in Cocle was 5.8% of the labour force in October 2024, 3.7 pp lower than the national figure (9.5%) and 7th highest of 13 provinces and comarcas.
Is unemployment rising in Cocle?
In Cocle the unemployment rate rose from 4.0% in August 2023 to 5.8% in October 2024 (+1.8 points); nationally it went from 7.4% to 9.5%.
Source: Instituto Nacional de Estadistica y Censo (INEC), Contraloria General de la Republica de Panama · saved copyHow many people are in the labour force in Cocle?
156,779 of the 226,657 people aged 15 and over in Cocle were in the labour force in October 2024, a participation rate of 69.2% against 63.3% nationally (4th highest of 13 provinces and comarcas).
Source: Instituto Nacional de Estadistica y Censo (INEC), Contraloria General de la Republica de Panama · saved copyHow many people are employed in Cocle?
In October 2024 147,719 people were employed in Cocle, 65.2% of everyone aged 15 and over, compared with 57.3% nationally (4th highest of 13 provinces and comarcas).
Source: Instituto Nacional de Estadistica y Censo (INEC), Contraloria General de la Republica de Panama · saved copyIs unemployment higher for women than men in Cocle?
In October 2024 unemployment in Cocle was 2.6% among men and 10.2% among women, an overall rate of 5.8%.
Source: Instituto Nacional de Estadistica y Censo (INEC), Contraloria General de la Republica de Panama · saved copyWhat is the open unemployment rate in Cocle?
Open unemployment (people who searched for work and were available) was 4.2% of the labour force in Cocle in October 2024, against 7.8% nationally; the rest of the 5.8% unemployment rate is hidden unemployment, such as people who stopped looking.
Source: Instituto Nacional de Estadistica y Censo (INEC), Contraloria General de la Republica de Panama · saved copyHow Cocle compares with other provinces
Unemployment rate (% of labour force) (October 2024)
Cocle ranks 6 of 12, highest first.
| Rank | Region | Unemployment rate (% of labour force) |
|---|---|---|
| 3 | Chiriqui | 9.0% |
| 4 | Veraguas | 7.1% |
| 5 | Bocas Del Toro | 6.7% |
| 6 | Cocle | 5.8% |
| 7 | Darien | 4.8% |
| 8 | Herrera | 3.3% |
| 9 | Embera | 2.9% |
Labour force participation rate (age 15+) (October 2024)
Cocle ranks 4 of 12, highest first.
| Rank | Region | Labour force participation rate (age 15+) |
|---|---|---|
| 1 | Embera | 81.5% |
| 2 | Ngabe Bugle | 75.4% |
| 3 | Darien | 70.2% |
| 4 | Cocle | 69.2% |
| 5 | Bocas Del Toro | 68.1% |
| 6 | Panama | 63.6% |
| 7 | Chiriqui | 61.6% |
Employed people as % of population aged 15+ (October 2024)
Cocle ranks 4 of 12, highest first.
| Rank | Region | Employed people as % of population aged 15+ |
|---|---|---|
| 1 | Embera | 79.1% |
| 2 | Ngabe Bugle | 73.5% |
| 3 | Darien | 66.8% |
| 4 | Cocle | 65.2% |
| 5 | Bocas Del Toro | 63.6% |
| 6 | Los Santos | 59.3% |
| 7 | Kuna Yala | 58.4% |
Invisible underemployment (% of employed) (October 2024)
Cocle ranks 9 of 12, highest first.
| Rank | Region | Invisible underemployment (% of employed) |
|---|---|---|
| 6 | Ngabe Bugle | 12.8% |
| 7 | Veraguas | 12.8% |
| 8 | Chiriqui | 12.2% |
| 9 | Cocle | 12.1% |
| 10 | Bocas Del Toro | 12.0% |
| 11 | Panama | 10.5% |
| 12 | Los Santos | 9.4% |
More on Cocle: overview · health · education and schools · poverty and living standards · Panama
Sources
- Instituto Nacional de Estadistica y Censo (INEC), Contraloria General de la Republica de Panama: Encuesta de Mercado Laboral, agosto 2023 y octubre 2024, Cuadro 2: poblacion de 15 y mas anos por condicion de actividad economica, provincia y comarca, read 23 October 2026 · saved copy (SHA-256 49e795f2161c…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.