6.000 jobs lost in industrial and construction sectors in Costa Rica

By November 2008 the industrial reported 1.200 less workers than October 2008, and 4.800 less in construction.

Monday, January 19, 2009

Nacion.com reports: "The employment contraction coincides with the slowdown in the production and the 0.5% fall registered in November 2008 compared to November 2007, according to the monthly index of economic activity.

According to this, industrial and construction production are the ones facing a bigger slowdown."

More on this topic

Construction Still Lagging in El Salvador

November 2010

The construction sector has failed to retrieve the 15 thousand jobs it lost since September 2008.

The Salvadoran Chamber of Construction (CASALCO) projected for this year that the industry will close with negative growth of 3%.

CASALCO Executive Director noted that this year, besides the lack of private sector investment, there was almost no public investment projects implemented.

Salvadoran Industry Lost 18.000 Jobs in 2009

December 2009

The manufacturing industry of El Salvador was the hardest-hit by the global economic crisis.

The textile industry was the worst performing, losing 14.000 jobs, followed by the food industry (1.600 jobs), pharmaceutics, rubber, minerals and iron.

A report developed by the Salvadoran Industry Association (ASI) states: "As for production, industry will close 2009 with a 2.5% drop, in line with GDP projections...".

El Salvador: 39.000 Jobs Lost in 2009

August 2009

Industry and the private sector are the most affected, according to the Salvadoran Social Security Institute.

Victoria de Avilés, Labor Minister, remarked that "there is a loss of jobs, and by the end of the year it could increase to 55.000...".

"Job losses has been exacerbated by the economy's 'low dynamism', with sectors like commerce reporting considerable less sales", publishes Laprensagrafica.com.

Costa Rica: Industry and Construction sectors with big contraction

December 2008

Industry and Construction are two of the sectors that have suffered the greatest contraction this year.

Industry when from a growth of 8% in October last year to a decrease of almost 5% in October of this year. Construction went from a rate of almost 18% to 5% during the same period.

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