Record High Unemployment in Costa Rica
Costa Rica's unemployment rate stands at 7.8%, after increasing three points in a year.
Thursday, October 29, 2009
The previous highest rate was recorded in 1985, when it hit 6.85%, according to data from the Planning Ministry.
The unemployment rate in Panama dropped to 4%, the lowest since numeral statistics have been kept, for over 40 years.
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.
The unemployment rate in the first quarter reached 10.1%, causing increasing concern for the business sector, which every day is facing more obstacles to generate more and better jobs.
Under the new calculation, the working population remains unchanged, although the participation rate dropped 2.2% and the occupancy rate 1.03%.
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