Unemployment Rate Closes 2019 at 12.4%

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.

Thursday, February 6, 2020

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%. By sex, men showed 9.6% and women 16.7%, both rates with no significant year-on-year change.

This represented 309,000 unemployed individuals in the country, without a statistically significant variation when compared to the same period in 2018, however, there was a significant increase of 21,000 more women unemployed. Despite this increase in women, it was not enough for the female unemployment rate to grow significantly, explained the INEC.

The report adds that "... The net labor participation rate, which relates the workforce with the population of working age, was estimated for the last quarter of 2019 at 62.9%. In this regard, the national workforce was 2.49 million people and remained unchanged significantly in this period.

On the other hand, the employment rate, which relates the employed population with the working age population, remains unchanged for this fourth quarter of 2019 at 55.1%. The employment rate by sex was 67.7% for men and 42.3% for women, both without year on year statistical variation.
"

Do you need detailed information on the economic indicators of the region?








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Costa Rica: Unemployment Rate Goes Up to 11.9%

August 2019

From April to June of this year, the unemployment rate stood at 11.9%, higher than the 11.3% reported in the first quarter of 2019.

For the second quarter of 2019, there was a significant increase in the net labor participation rate of 63%, with a 2.1 pp. increase over the same period of the previous year.

Unemployment does not Decrease in Costa Rica

May 2019

From January to March of this year, the unemployment rate stood at 11.3%, unchanged from the same period in 2018, and registering a slight reduction of less than 1% with respect to the fourth quarter of last year.

In this first quarter of 2019, 276,000 people were unemployed, and 47,000 more actively sought employment and did not find it compared to the first quarter 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 Remains at 9.5%

February 2017

The unemployment rate remained at 9.5% at the end of the last quarter of 2016 and an annual increase was recorded of nearly 2% in informal employment.

From a statement issued by the National Institute of Statistics and Census (INEC) 

Fourth Quarter Continuous Employment Survey 2016

 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


Coffee Farm,20 ocean view lots, waterfalls, $100,000 profit

Has everything. Ocean views, waterfalls, 20 titled building sites, profits, end of the road privacy but close to everything. Less than an hour to shopping, medical services, beaches, airport.
Spring and summer all year, in the 70s – 80s, fresh...

Stock Indexes

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

Commodities

(Jun 4)
Brent Crude Oil
39.43
Coffee "C"
100.10
Gold
1,701
Silver
17.945