Costa Rica looses poverty reduction drive
The number of home in poverty was at 17.7%, slightly higher than the 16.7% recorded last year.
Friday, October 31, 2008
"The figures indicate that we have 220,000 poor homes in the country. This represents an increase of 20,000 homes more that are in poverty, and affects 923,000 individuals," Elizabeth Solano, Census coordinator for the Statistics and Census Institute, explained at press conference.
The labor participation rate reached 61.5% of the working age population in the first quarter, 1.8% less than in the same period in 2012.
The Continuous Employment Survey for the first quarter 2016 sets the net national labor participation at 58.6%, which represents a significant decrease of 3.2 percentage points.
Under the new calculation, the working population remains unchanged, although the participation rate dropped 2.2% and the occupancy rate 1.03%.
The unemployment rate remained at 9.5% at the end of the last quarter of 2016 and an annual increase was recorded of nearly 2% in informal employment.
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