Dominican Republic: Unemployment Goes Down to 5.9

During the 4th quarter of 2019 the unemployment rate was 5.9%, which is less than the 6.5% registered in the 3rd quarter of last year.

Friday, February 14, 2020

From a report by the Central Bank of the Dominican Republic:

When analyzing the evolution of employment in the last four quarters, it is observed that the average rate of generation of net new employed persons is 123,935, as a result of averaging the year-on-year flows of generation of employed persons for the quarters January-March (153,000), April-June (136,264), July-September (72,761) and October-December 2019 (133,713).

Accordingly, the workforce increased by an average of 158,208 people over the last twelve months, while the average open unemployment rate was 6.2%. The underutilization rate averaged 11.3% in 2019.

The non-working or inactive population represented, on average, 35% of the working-age population aged 15 and over in 2019.

See full press release (in Spanish).



More on this topic

Unemployment Rate Closes 2019 at 12.4%

February 2020

Between the third and fourth quarters of 2019, the open unemployment rate in Costa Rica rose from 11.4% to 12.4%, partly because of the increase in women's unemployment.

In a year-on-year comparison, the National Institute of Statistics and Censuses (INEC) report states that the national unemployment rate for the fourth quarter of 2019 remains unchanged from the fourth quarter of 2018 at 12.4%.

Guatemala: Slightly Lower Unemployment Rate

January 2020

Between 2018 and 2019, the unemployment rate in the country did not vary significantly, falling by just 0.3% from 2.8% to 2.5%.

Data from the 2019 National Income and Employment Survey (ENEI 1), prepared by the National Statistics Institute (INE), show that at the time of the survey the unemployed population was 179,000, down from 194,000 in the ENEI I of 2018.

Costa Rica: Unemployment Remains at 8.7%

August 2018

Results for the second quarter of 2018 did not show significant variations compared to the 8.5% registered in the second quarter of last year.

In this second quarter of 2018 the employed population increased by 80,000 people compared to the second quarter of 2017

Costa Rica: Unemployment Rises to 10.3%

May 2018

The unemployed population with respect to the labor force increased 1.2%, going from 9.1% in the first quarter of 2017, to 10.3% in the first quarter of 2018.

- The employment rate was 51.8%, while in the same period last year it was 54%.

 close (x)

Receive more news about Employment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Aug 5)
Brent Crude Oil
44.710
Coffee "C"
122.4
Gold
2,013
Silver
25.85