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Fitch maintains Costa Rica’s ‘B’ rating with negative outlook
Business
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Business
2776 views

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

The Tico Times - March 17, 2021

It’s déjà vu all over again for Costa Rica’s investment rating. Fitch Ratings announced that the company was holding steady on its junk bond rating for Costa Rica, according…

Costa Rica creates commission to address gender unemployment gap
Costa Rica
2658 views
Costa Rica
2658 views

Costa Rica creates commission to address gender unemployment gap

Alejandro Zúñiga - March 9, 2021

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

Costa Rica unemployment disproportionately impacts women
Costa Rica
2653 views
Costa Rica
2653 views

Costa Rica unemployment disproportionately impacts women

Alejandro Zúñiga - March 8, 2021

Unemployment in Costa Rica is at 19.1%, but the job loss provoked by the pandemic has predominantly impacted women. According to the National Institute of Statistics and…

Costa Rica unemployment rate drops to 19%
Costa Rica
2658 views
Costa Rica
2658 views

Costa Rica unemployment rate drops to 19%

The Tico Times - March 4, 2021

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…

Campaign to help families, businesses in Guanacaste
Business
1363 views
Business
1363 views

Campaign to help families, businesses in Guanacaste

The Tico Times - March 3, 2021

Costa Rican authorities this week relaunched a campaign to support businesses and provide meals to tourism employees who lost their jobs during the pandemic. The “Reactivemos la…

Hunger rising in Central America amid climate, virus shocks: UN
Latin America
5373 views
Latin America
5373 views

Hunger rising in Central America amid climate, virus shocks: UN

Nina LARSON / AFP - February 23, 2021

The United Nations warned Tuesday that hunger levels are soaring across much of Central America as countries battle economic crises sparked by the Covid-19 pandemic and extreme…

Costa Rica unemployment continues to fall, but remains high
Costa Rica
2630 views
Costa Rica
2630 views

Costa Rica unemployment continues to fall, but remains high

AFP - February 5, 2021

Unemployment in Costa Rica reached 20% of the workforce in the last quarter of 2020, a figure lower than in previous months but still elevated, the official…

With vaccinations underway, Costa Rica hopes for economic recovery
Costa Rica
2396 views
Costa Rica
2396 views

With vaccinations underway, Costa Rica hopes for economic recovery

AFP - January 31, 2021

Costa Rica, which has already started its vaccination campaign against Covid-19, will have a gradual economic recovery from 2021, conditional on Congress approving a fiscal adjustment negotiated…

Pandemic caused loss of 255 million jobs worldwide in 2020
Costa Rica
2632 views
Costa Rica
2632 views

Pandemic caused loss of 255 million jobs worldwide in 2020

Nina LARSON / AFP - January 26, 2021

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, the…

Costa Rica closes 2020 with large fiscal deficit, though better than expected
Costa Rica
1535 views
Costa Rica
1535 views

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

AFP - January 19, 2021

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.…