The previous highest rate was recorded in 1985, when it hit 6.85%, according to data from the Planning Ministry.
"Not only has unemployment increased: the labor sub-utilization rate went from 11% in 2008 to 15% in 2009. We must also add one additional percentage point for subemployment (people working part-time, or full time with less pay)", reports Elfinancierocr.com.
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The unemployment rate in Panama dropped to 4%, the lowest since numeral statistics have been kept, for over 40 years.
According to a Labor Market Survey conducted by the National Institute of Statistics and Census (INEC), the unemployment rate for August 2012 dropped to 4%, down 0.5% from the previous year when the rate of unemployed people was 4.5%.
The unemployment rate at the end of December 2014 increased to 9.7%, almost one and a half percent more than the 8.3% seen in the same month of 2013.
From a statement issued by the National Institute of Statistics and Census in Costa Rica (INEC):
The net participation rate for men and women was 75.4% and 48.5% respectively; while for men the same share has been maintained, in the case of women it decreased by 2.3 percentage points (pp), both in a year on year basis, which is attributed to the fall in the employment rate.
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:
The net rate of national labor participation remained at 62.7% of the working age population, the same as it was in the second quarter of 2012.
From a press release issued by the National Institute of Statistics and Census (INEC):
The Costa Rican labor market shows stability between the second quarter of 2012 and the same period in 2013, when the net rate of national labor participation remained at 62.7% of the working age population. While men maintain a rate of 76%, the participation rate of women has wavered between 48% and 49% for more than a year, when it increased its share.