Guatemala: Formal Employment Decreased 3% in 2020Monday, March 1, 2021 Between December 2019 and the same month of 2020, the number of employees contributing to Social Security decreased 3%, a fall that is explained by the economic crisis generated by the outbreak of covid-19. Official data show that Sacatepéquez, Quetzaltenango and Guatemala were the most affected departments, as the drop in the number of contributors in these regions amounted to 9%, 7% and 4.5%, respectively. Covid-19: Survey of Damage in Costa RicaThursday, February 25, 2021 Given the economic crisis generated by the covid-19 outbreak, nine out of ten companies operating locally reduced their revenues and one out of three made temporary closures. Between May and August 2020, a COVID-19 section was included in the Directory of Businesses and Establishments (DEE) as part of the update, in order for businesses to indicate what the main effects of the pandemic were. It was confirmed that 94% were affected by Covid-19, where 91% indicated as main consequence the reduction of income, informed the National Institute of Statistics and Census (INEC). Labor Market: Bill Receives EndorsementThursday, February 25, 2021 On third debate, Panama approved the legislative bill that aims at gradually reintegrating employees to their companies, which have already restarted their activities and which in 2020 suspended labor contracts due to the crisis caused by the covid-19 outbreak. The National Assembly approved on February 24 bill No.542, submitted by the Ministry of Labor and Labor Development (Mitradel), which allows the gradual reinstatement of workers with suspended contracts, recognizes the payment of maternity leaves to workers with suspended contracts, the return of disabled people and establishes temporary measures to preserve employment and stability of the companies, details an official statement. Costa Rica: Unemployment Ended 2020 on a Downward TrendThursday, February 4, 2021 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). Costa Rica: Tourist Arrivals Fall 68% in 2020Wednesday, January 13, 2021 Due to the outbreak of covid-19 worldwide and restrictions on passenger transportation, only 1.01 million visitors arrived in the country during 2020, 68% less than what was reported in 2019, when 3.14 million tourists arrived. Although the fall in tourist arrivals was generally resounding, during the last months of 2020 a more favorable behavior was reported. Costa Rica: Unemployment Slowly DeclinesThursday, January 7, 2021 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. Socioeconomic and Demographic Data on El SalvadorWednesday, June 19, 2013 The survey entitled 'Encuesta de Hogares de Propósitos Múltiples 2012 ' (Multipurpose Household Survey) 2012 provides statistics on the socio-economic and demographic characteristics of households in the country. From a presentation by the EHPM: Three Tenders to Improve Maritime TerminalThursday, February 18, 2021 Construcciones Integrales Avanzadas S.A., Supervision Construccion y Mantenimiento S.A. and Tecuntrac S.A., were the companies in Guatemala that submitted their proposals in the tender for the improvement of the east and west breakwater port infrastructure of Puerto Quetzal. According to the opening minutes published in Guatecompras.gob.gt on February 17, 2021, the proposal submitted by Construcciones Integrales Avanzadas S.A. amounts to $61.9 million, that of Supervisión Construcción y Mantenimiento S.A. to $61.7 million and that of Tecuntrac S.A. to $59.5 million. Costa Rica: Economic Activity Falls 5% in 2020Monday, February 15, 2021 In December 2020, the Monthly Index of Economic Activity reported a year-on-year variation of -5.1%, a drop that is explained by the restrictions imposed due to the covid-19 outbreak. Since the calculation of the Monthly Index of Economic Activity (IMAE) series began in 1991, the average annual gross production, measured by the IMAE, has only fallen on two occasions, specifically in 2009 and 2020. Both cases coincide with world crises, but the impact has been much more severe for Costa Rica in the case of 2020, according to an official report. Central America, Monthly Reports on Fuel PricesTuesday, March 4, 2008 Central America, Monthly Reports on Fuel Prices Central America, Monthly Reports on Fuel Prices Guatemala: Remittances Exceed $11 BillionThursday, January 7, 2021 Although forecasts at the start of the pandemic were pessimistic, during 2020 the country received remittances of $11.34 billion, an amount that is 8% higher than the $10.58 billion recorded in 2019. According to the most recent report from the Bank of Guatemala, only in December, remittances amounted to $1.164 billion, 24% more than those reported in the same month in 2019, when the figure was $941 million. Vehicle Fleet Increased in 2020: How to Explain?Monday, January 18, 2021 Restrictions on mobilization due to the number of plates, the fear of using public transportation and the increase in demand for delivery services explain the 8% growth that Guatemala's vehicle fleet experienced between 2019 and 2020. As a result of the outbreak of covid-19, during the second quarter of 2020, Guatemalan authorities decided to suspend ground passenger transportation and also imposed restrictions on the mobility of vehicles with private plates, which were applied based on their license plate number. Honduras: Household Survey AnnouncedFriday, August 24, 2018 The survey, which will be carried out with financing from the World Bank, will provide detailed knowledge on household expenditures and income patterns and their participation in national economic activity. From a statement issued by Banco Central de Honduras: Words as Data and Business IntelligenceWednesday, February 10, 2021 Thanks to the digitalization of writing and the rise of Internet searches and interactions, words have become very valuable inputs for statistical models and algorithms that allow inferring and reaching very precise conclusions about consumer behavior, among other uses. Today, language has become the subject of big data analysis. Since the links used by Google are composed of words and the searches performed on that page are also composed of words, the study of text as data is becoming increasingly important. El Salvador: Tourism Has Record Figures in 2017Tuesday, January 9, 2018 International tourist activity generated $1.48 billion, 7% more than in 2016, when the income generated amounted to $1.183 billion. From a statement issued by the Ministry of Tourism: |
![]() |