The industrial subsector with the biggest recovery has been textiles, however, despite the improvements, it is stressed that working conditions in the country are still poor.

According to William Pleitez, coordinator of the United Nations Human Development Program (UNDP) in the country, one of every two people is underemployed or unemployed. "He added that 47 of every 100 jobs in the nation are not quality jobs," reported Laprensagrafica.com.

Source: laprensagrafica.com

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Costa Rica: Unemployment Rate Falls to 18.5%

April 2021

For the mobile quarter from December 2020 to February 2021, the unemployment rate in the country decreased to 18.5%, a proportion that is slightly lower than the 19% reported for the period from November to January last year.

In this quarter, the unemployed population was 452 thousand people, an increase of 142 thousand people compared to the same mobile quarter of the previous year, informed the National Institute of Statistics and Census (INEC).

Costa Rica: Unemployment Rate Falls to 19%

March 2021

For the moving quarter from November 2020 to January 2021, the unemployment rate in the country decreased to 19%, which is slightly lower than the 20% reported for the period from October to December last year.

For the quarters from the first quarter (January to March 2020) to the last available quarter, the country has experienced a situation in the labor market that has generated significant impacts in the main indicators, as a result of the measures that generate restriction to the labor market and the labor situation caused by the Covid-19 health emergency, informed the National Institute of Statistics and Census (INEC).

El Salvador: Formal Employment Continues to Decline

September 2017

Figures from the Salvadoran Institute of Social Security indicate that in June 2016 there were 815,617 contributors, while in the same month in 2017, the figure had dropped to 809,832.

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Costa Rica: Labor Participation Still Falling

August 2016

Up to the second quarter the net national labor participation rate stood at 57.2%, registering a decline of nearly 5% compared to the same period in 2015.

From a statement issued by the National Statistics Institute of Costa Rica:

The figures for the second quarter of 2016 reveal a decrease in the net domestic labor participation rate to a record of 57.2% which is a drop of 4.9 pp, resulting from a withdrawal of people from the workforce .