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).
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).
As a result of the crisis caused by the covid-19 outbreak, during the second quarter of 2020 the unemployment rate at national level rose to 24%, for the period from July to September it decreased to 22% and in the last three months of the year it fell to 20%.
Regarding the unemployed population, for the IV Quarter of 2020 it was estimated at 488 thousand people, of these 240 thousand are men and 248 thousand women, the unemployed population increased by 178 thousand people on a year-on-year basis, 97 thousand men and 81 thousand women, informed the National Institute of Statistics and Census (INEC).
During the mobile quarter from September to November 2020, the unemployment rate at the national level stood at 21.3%, which is lower than the 21.9% reported from August to October of the same year.
For the mobile quarter September, October and November 2020, the population of 15 years of age and older with an incidence of labor due to the effect of Covid-19 was 1.07 million people (26.7%), according to an official report.
In the current scenario of economic crisis, during the mobile quarter from August to October 2020 the unemployment rate at the national level was 21.9%, a proportion similar to the 22% reported from July to September.
The National Institute of Statistics and Censuses (INEC) reported that for the August, September and October 2020 moving quarter, the population of 15 years old and older with an incidence of labor due to the effect of Covid-19 was 1.13 million people (28.3%). The incidence of labor in the labor force was estimated at 981,000 people (40.8%). A total of 474,000 employed people (25.2%) have some incidence of the pandemic in the workplace. Of the unemployed, 507,000 people (96.3%) were affected in their search for employment. Finally, the labor incidence caused by the emergency affected about 154 thousand people (9.6%) outside the workforce.
In the current scenario of economic crisis, during the third quarter of the year the unemployment rate nationwide stood at 22%, a proportion that is lower than the 24.4% reported for the mobile quarter from May to July.
According to the report released by the National Institute of Statistics and Censuses (INEC), 42% of the people who were unemployed during the third quarter of 2020 said that they had less than three months to look for work.
The Executive Branch endorsed the new law that allows companies to temporarily reduce the working hours agreed with their employees, in the context of the crisis generated by the covid-19 virus.
On the morning of March 21, the deputies gave the second debate with 47 votes and unanimous approval to file 21854, the law authorizing the reduction of working hours prior to the declaration of a national emergency, reported the Assembly.
In Costa Rica, businessmen in the sector do not clearly see what the economic direction of the country will be, since the levels of unemployment and informality in small and medium enterprises are still rising.
The proportion of unemployed people in the country closed 2019 upwards, as between the third and fourth quarters of 2019 the open unemployment rate rose from 11.4% to 12.4%, an increase that can be explained partly by the rise in women's unemployment.
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%.
After in the III Quarter of 2018 the indicator stood at 10.2%, for the same period this year the unemployment rate rose to 11.4%.
The unemployment rate was 11.4% in urban areas and 11.3% in rural areas. In urban areas, the unemployment rate remained unchanged, while in rural areas it rose 1.3 pp year-on-year, according to the National Institute of Statistics and Censuses (INEC).
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. The national labor force was 2.48 million people, significantly increased by 114 thousand people compared to the second quarter of 2018, this product of an equally significant decrease in the population outside the labor force (60 thousand people), reported the National Institute of Statistics and Censuses (INEC).
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.
From April to December 2018, the unemployment rate recorded a clear upward trend, rising from 8.7% to 10.2% between the second and third quarters and rising to 12% at the end of the year.
The National Institute of Statistics and Censuses (INEC) reports that for the fourth quarter of 2018, unemployment increased by 89 thousand people year-on-year, since it was estimated at 294 thousand people, of whom 148 thousand were men and 146 thousand women.
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%.
- The unemployment rate increased with respect to the same period last year, in this quarter it was 10.3%, the previous year it was 9.1%.