HomeNewsCosta RicaCosta Rica unemployment falls but remains at historic levels

Costa Rica unemployment falls but remains at historic levels

Unemployment in Costa Rica was 21.3% in the moving quarter from September to November, a historically high level as a result of the pandemic, although the figure is slightly lower than the immediately preceding quarter.

The index continued the slight improvements characterized by recent months. From August to October, unemployment was 21.9%, according to the National Institute of Statistics and Census (INEC).

At the same time, the most recent data represent an unemployment rate that is 8.8 percentage points larger than during the same period in 2019, the INEC indicated.

The agency pointed out that unemployment especially affects women — 28.1% unemployment, compared to 16.8% for men.

Unemployment in Costa Rica was 12% in March 2020, one of the highest levels recorded by the country to date, but it soared to 24% in the May-July quarter as the Covid-19 pandemic began.

Since then, it has gradually fallen, but unemployment still remains far above the pre-pandemic levels.

María Luz Sanarrusia, coordinator of the INEC employment survey, noted that the commerce and services sectors were those that had the greatest job losses due to the pandemic.

The official added that the pandemic also caused an increase in underemployment, which is at 22%, due to the fact that many people had reduced working hours.

Underemployment refers to people who work less than 40 hours a week and are available to work more.

Trending Now

Water Rationing Hits 74 Communities as El Niño Dries Out Costa Rica’s Pacific Side

If you live on Costa Rica's northern Pacific side, your tap may already be running on a schedule. Community water systems in 74 communities...

Costa Rica Could Be Home to More Than 40,000 Fungal Species, Study Finds

Costa Rica is known around the world for monkeys, sloths, toucans, sea turtles and an enormous variety of plants, but one of the richest...

Argentina’s Nadia Podoroska’s Comeback Gains Momentum in São Paulo

Nadia Podoroska’s return to professional tennis has moved well beyond simply testing whether her body could handle competition again. Six months after returning from...

Costa Rica Fires Foreign Minister After Trump Meeting Dispute

President Laura Fernández fired Foreign Minister Manuel Tovar today after saying he failed to tell her about a high-level security meeting with U.S. President...

Costa Rica Hotel Is the Only New Three-Key Michelin Stay in the Americas

A luxury resort on Guanacaste's Papagayo Peninsula has received the Michelin Guide's highest hotel distinction, making it the only property in the Americas to...

Costa Rica Tourism Loses 20,000 Jobs as Strong Colón Squeezes Small Operators

Costa Rica's tourism sector employs 20,137 fewer people than two years ago, with microbusinesses hit hardest as the strong colón erodes margins.

Costa Rica’s Former Simón Bolívar Zoo Opens for Coffee Day

San José residents will get another chance to walk the grounds of the former Simón Bolívar Zoo on Saturday, October 3, when the site...

Tropical Wave 47 Brings Afternoon Storms to Costa Rica This Weekend

Tropical Wave 47 brings afternoon storms across Costa Rica today, with heaviest rain in the north and central mountains. Plan outdoor time early.

Costa Rica Turns to Bryan Ruiz After Firing Fernando Batista

Former Costa Rica captain Bryan Ruiz will take temporary charge of the national team after the Costa Rican Football Federation fired Argentine coach Fernando...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel