unemployment

President Carlos Alvarado has pointed to unemployment as the main concern of his government, and the figures remain high.

President Carlos Alvarado has pointed to unemployment as the main concern of his government, and the figures remain high amid a slowdown in the economy.

Poverty in Costa Rica remained stable at 21% in the last year, while extreme poverty had a slight reduction of half a percentage point to 5.8%, the official statistical agency said Thursday.

Unemployment reached 11.9%, above the 8.7% that was reached between April and June 2018

Costa Rica’s official statistics agency announced Thursday that unemployment rose to 11.9% in the second quarter, one of the highest in recent years.

Bayer says competitive applicants should have English fluency in addition to experience in service centers with training in finance, accounting or business administration.

The Costa Rican workforce is comprised of 1.47 million men and 983,000 women, INEC says.

The ride-hailing company says the fare drop will benefit drivers by spurring greater demand, but several chauffeurs complain that the price gouge comes as many have been struggling to cover their expenses.

The Central Bank forecasted 4.2 and 4.5 percent growth in 2016 and 2017, respectively, for the Costa Rican economy.

Costa Rican Labor Minister Víctor Morales on Monday introduced a new government incentives program for companies willing to hire workers from segments of the population who generally have more difficulty finding jobs. The program will give companies a $2,680 bonus for each new worker they hire from pre-defined groups.