No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeNewsCosta RicaCosta Rica unemployment rate drops to 19%

Costa Rica unemployment rate drops to 19%

Unemployment in Costa Rica fell to 19.1% in the moving quarter from November to January.

This maintained a downward trend that has followed the record unemployment figures Costa Rica recorded in mid-2020, when its coronavirus restrictions were at their most strict.

The decrease was almost one percentage compared to the October-December quarter, when unemployment reached 20%, according to the National Institute of Statistics and Census (Inec).

At the same time, the 19.1% unemployment rate represents an increase of 6.8 percentage points over the same period in 2020, before Costa Rica suffered the economic blow of the Covid-19, according to the Inec .

The agency detailed that women are the most affected by unemployment — at a rate of 24.6%, compared to 15.2% for men.

Unemployment in Costa Rica had reached 12% in March 2020, one of the highest levels recorded in the country until then, but it soared to 24% due to the impact of the pandemic in the moving quarter from May to July.

Since then it has had a slow but steady decline, as the economy has reopened.

Meanwhile, 19% of the working-age population is underemployed — that is, people who work fewer than 40 hours a week and would like to work more.

Trending Now

Costa Rican Soccer Hit by Match-Fixing Scandal

Costa Rican soccer is facing one of its most serious integrity cases in recent years after three players were suspended for 15 years over...

Costa Rica Faces More Weekend Rain After Floods Force Evacuations

Costa Rica faces another wet weekend after Tropical Wave 19 triggered widespread flooding, forced hundreds of people from their homes and left several communities...

Migrant Dollars Still Flowing Into Central America Despite New Fee

Remittances to Central America are still climbing in 2026, led by Guatemala, Honduras and El Salvador, even as a new U.S. tax on some...

Paraguay Falls to France as Mbappé Penalty Ends Gritty World Cup Run

Paraguay’s World Cup run ended the hard way Saturday, with La Albirroja pushing France into one of its most uncomfortable matches of the tournament...

Argentina Leads Latin Push as Wimbledon Day 2 Opens

Latin America’s Wimbledon campaign moves into a crowded second wave Tuesday, with nine singles players from the region scheduled for first-round matches across the...

Costa Rica Rescue Team Celebrates Miracle Survival in Venezuela Quake Zone

A Venezuelan security guard found alive by Costa Rican rescuers after last week’s deadly earthquakes has been pulled from the rubble after eight days...

Costa Rican Fugitive Linked to 22 Homicides Captured in Colombia

A Costa Rican man wanted through Interpol and linked by authorities to drug trafficking and at least 22 homicides in Costa Rica has been...

Frontier Airlines Set to Leave San José, Costa Rica, in Latest Route Cut

Frontier Airlines is preparing to pull back from San José, Costa Rica, removing its service at Juan Santamaría Airport from the schedule as part...

Costa Rica Faces Protests After Removing Corcovado Park Director

Environment Minister Mónica Navarro Del Valle has removed the director of the Osa Conservation Area six days after he reduced tourist capacity at Corcovado...
🌴 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