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Fitch maintains Costa Rica’s ‘B’ rating with negative outlook

It’s déjà vu all over again for Costa Rica’s investment rating.

Costa Rica creates commission to address gender unemployment gap

In context of International Women's Day, Costa Rican leaders on Monday signed a decree to create a commission to address the country's unemployment gap. 

Costa Rica unemployment disproportionately impacts women

Unemployment in Costa Rica is at 19.1%, but the job loss provoked by the pandemic has predominantly impacted women.

Costa Rica unemployment rate drops to 19%

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

Costa Rica unemployment continues to fall, but remains high

Unemployment in the last quarter of 2020 was 7.6 percentage points higher than   the same period in 2019, the INEC indicated.

With vaccinations underway, Costa Rica hopes for economic recovery

Costa Rica was one of the first countries in Latin America to begin vaccination against the coronavirus, on December 24.

Pandemic caused loss of 255 million jobs worldwide in 2020

The Covid-19 pandemic caused massive damage to employment, and recovery in 2021 will be slow, uneven and uncertain if policy makers do not take appropriate action.

Costa Rica closes 2020 with large fiscal deficit, though better than expected

Costa Rica closed 2020 with a fiscal deficit of 8.3% of GDP, the highest in recent decades although lower than the official projection, the government announced Monday.

Costa Rica unemployment falls but remains at historic levels

Costa Rica's unemployment rate has gradually fallen, but it still remains far above the pre-pandemic levels.

Unemployment and underemployment rates remain high in Costa Rica

Unemployment in Costa Rica was 21.9% in the August-October quarter.
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Costa Rica Faces Economic Blow as Intel, Pfizer, and Qorvo Announce Restructuring

Intel announced that it will shut down its chip assembly and test plant in Costa Rica, part of a broader global restructuring aimed at...

Costa Rica Fails to Meet Human Rights Standards for Deportees

The Ombudsman's Office has confirmed that Costa Rica was unprepared to provide adequate care for deportees who have entered the country since February. This...

Panama Farmer Receives Land Title After 60-Year Wait at Age 109

A 109-year-old Panamanian farmer has received the land title for the property where he lives and works—six decades after first requesting it from the...

Costa Rica Food Culture: From Bar Bocas to Fast Food Chains

Once upon a time in Costa Rica, you could walk into a bar, order a beer, and receive a free boca – a small...