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 Rica Foreign Investment Jumps 23% as Tourism Investment Falls 27%

Free zones drove a 23.4% rise in Costa Rica's foreign direct investment in the first half of 2026, while tourism investment fell 27%.

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.

Who is behind Costa Rica’s proposed AI data centers?

Two AI data centers seek vast power and water in Costa Rica. Who is financing them is still unknown.

Demolished Pavones Restaurant owner releases book about the experience

For nearly two decades, Nicholas Cena has called Pavones, Costa Rica, home. What began as a visit to see his sister eventually became a...

Costa Rica’s Laguna Río Cuarto Loses Visitor Services

Laguna Río Cuarto will remain accessible, but the community organization managing the Costa Rica attraction will stop providing visitor services beginning September 28.

Costa Rica Proposes Ending Electric Vehicle Tax Breaks

Anyone thinking about buying an electric vehicle in Costa Rica could eventually face a much higher tax bill under a new government proposal that...

Polarization in Costa Rica is Rooted in Ancient History

At the University of Oxford, we have been helping to build a vast database of world history capable of explaining why some civilizations grow...

Two Dead at Guanacaste Beach as Search Continues at Tarrazú Waterfall

Two young men died at Playa Cabuyal in Guanacaste and rescuers are searching for an 18-year-old swept away at a waterfall in Tarrazú after Saturday's storms.

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...
Loading…

Latest News from Costa Rica

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