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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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Panama Union Files Lawsuits Against Chiquita Over Mass Layoffs

Panama’s President, José Raúl Mulino, will meet in Brazil with U.S. banana company Chiquita Brands in search of an agreement for the company to...

The Most Clueless Gringo in Costa Rica: A Satirical Take on Expat Life

If part of your online day includes mindless scrolling through reels, you’ve probably seen the Dos Equis beer parody commercials. The original ads featured the...

US Cracks Down on Costa Rica’s Narco Network with New Sanctions

The US Treasury Department moved against a Costa Rican drug trafficking ring today sanctioning four individuals and two entities tied to cocaine smuggling and...

Costa Rica’s Tourism Sector Alarmed Over Rising Violence and U.S. Criticism

Tourism leaders in Costa Rica are warning that rising crime and international criticism could damage the country’s reputation as one of Latin America’s safest...