Employment Grows by 6.4% in Costa Rican Free Trade Zones
As of January, the number of people working in the free trade zones reached 53,120, an increase of 6.4% during the past year.
Tuesday, March 24, 2009
Leticia Vindas wrote in the El Financiero website: "Companies in the services sector remained the largest employment generator. During this period, employment in the sector increased by 24,491 jobs, representing a growth of 46.4%."
Companies operating under the free zone regime reported a total of 89.927 employees to December 3, 2010.
The growth is reflected in the steady growth in employment in production firms operating under the regime, which together exceed 100 thousand jobs.
After strong growth in the early part of the year, textile mills in the free zones of Nicaragua are reducing their workforce due to falling orders from the U.S.
In one year the number of employees in the formal labor market has grown by 8%.
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