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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Costa Rica economy

Costa Rica unemployment rate drops to 19%

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

Campaign to help families, businesses in Guanacaste

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

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

Hunger levels are soaring across much of Central America as countries battle economic crises sparked by the Covid-19 pandemic and extreme climate events

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.

World Bank forecasts growth of 3.7% of Latin American GDP in 2021

The World Bank said Tuesday that it expects an economic expansion of 3.7% in Latin America and the Caribbean.

Citing IMF disagreement, Women’s Minister announces resignation

Citing disagreements with how the Costa Rican Presidency handled the multi-sectorial dialogue meant to address the country's economic crisis, Women's Minister Patricia Mora announced her resignation on Monday. 

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