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.

It was pointed out that inequality did not increase and there were 49.5 of the wealthiest home hold 49.5% of the income while the poorest home only own 5.5% of the wealth. These percentages are similar to last year's.

The work force in Costa Rica is a little more than two million, and the unemployment rate is 4.9%. Last year it was at 4.6%.



More on this topic

Costa Rica: Unemployment Remains at 9.5%

February 2017

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.

From a statement issued by the National Institute of Statistics and Census (INEC) 

Fourth Quarter Continuous Employment Survey 2016

Labor Participation Down 3% in Costa Rica

May 2016

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.

From a statement issued by the National Institute of Statistics and Census (INEC)

Continuing Survey of Employment, 1st Quarter 2016

Unemployment 9.6% in Costa Rica

June 2013

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.

According to an employment survey by the National Institute of Statistics and Census (INEC by its initials in Spanish), the labor participation rate reached 61.5% of the working age population during the first quarter of this year, a figure that has dropped by 1.8% compared with the same period in 2012.

New Statistical Methodology in Costa Rica

November 2010

Under the new calculation, the working population remains unchanged, although the participation rate dropped 2.2% and the occupancy rate 1.03%.

The Costa Rican National Statistics Institute conducted its latest survey, and found that unemployment stands at 7.3%.

Other relevant findings include:

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