No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeNewsCosta RicaCosta Rica unemployment rate at 17.7%

Costa Rica unemployment rate at 17.7%

Unemployment in Costa Rica was 17.7% in the moving quarter from March to May 2021, according to the  National Institute of Statistics and Census (Inec).

This represents a small increase (0.4 percentage points) compared to the moving quarter from February to April.

Compared to the same quarter of last year, unemployment in Costa Rica has decreased by 2.4 percentage points. This represents 104,000 more people in the workforce, per INEC.

Women continue to have a higher unemployment rate than men — 24.2% and 13.3%, respectively. The total population considered as unemployed is 431,000 people, which “remains without statistically significant variation compared to the same moving quarter of the previous year.”

Meanwhile, the INEC calculated the underemployment rate — the percentage of employed people who work fewer than 40 hours a week and want to work more hours — at 15.7%, unchanged from last year.

Unemployment in Costa Rica had reached 12% in March 2020, already 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 2020.

Trending Now

Costa Rica Green Hotels Lead Global Sustainable Tourism

Costa Rica’s reputation as a leader in sustainable tourism grows stronger every year, with our green hotels setting a high bar for eco-conscious hospitality...

An Expat’s Take: 5 Burning Questions About Life in Costa Rica Right Now

Have you been keeping up with the various events taking place in Costa Rica? There is always something interesting going down, and here are...

Costa Rica’s President Chaves Accused of Illicit Campaign Financing

On Monday, Costa Rica’s Prosecutor’s Office formally accused President Rodrigo Chaves along with six high-ranking officials and pro-government legislators of allegedly engaging in illicit...

Hondurans March to Mark 2009 Coup as Election Battle Heats Up

Thousands of government supporters marched Saturday in the capital of Honduras to commemorate the anniversary of the 2009 coup that ousted then-leftist President Manuel...

Costa Rica’s Top Court Bans President Chaves from 2026 Election Campaign

Costa Rica’s Supreme Electoral Tribunal on Thursday barred President Rodrigo Chaves from participating in the 2026 election campaign, ruling that he "illegitimately used" his...

El Salvador Slams Paris Fashion Show Inspired by Cecot Mega-Prison Inmates

The president of El Salvador, Nayib Bukele, joked on Saturday that he could send inmates from his mega-prison to France, after they were represented...
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica