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Nicolás Maduro’s plan for Venezuela adds bewilderment to despair

Day after day the crowds flock to the Expresos Flamingo bus terminal in Caracas to begin checking out of their crumbling nation. The UN estimates 2.3 million Venezuelans have left the country since 2015. Photograph: Luis Robayo/AFP/Getty Images Some carry their earthly possessions in suitcases or...

Crisis in Nicaragua has left 70,000 people unemployed in the tourism sector

The crisis in Nicaragua since April 18 has left at least 70,000 people unemployed in the tourism industry, a source in the sector said today. Some 70,000 jobs have been lost due to the crisis, more than half of what the tourism industry generates “Some 70,000...

Costa Rica Unemployment Remains at 9.5%

Q COSTA RICA - Costa Rica's unemployment rate remained at 9.5% at the end of the last quarter of 2016 and an annual increase was recorded of nearly 2% in informal employment. Highlights of the Fourth Quarter Continuous Employment Survey 2016 from a statement issued...

No Drop In Unemployment in Costa Rica

QCOSTARICA - The unemployment rate in Costa Rica in the fourth quarter of 2015 stood at 9.6%, slightly lower than the 9.7% in the same period the previous year, reports the National Institute of Statistics and Census (Nacional de Estadística y Censos (INEC). Though there...

President Solis Fears Higher Unemployment, Accepts Some Of The Blame

(qCOSTARICA) A possible deterioration in employment opportunities, particularly among the poorest areas of the country, has President Luis Guillermo Solis worried. He expressed his concern on Friday, after learning of the Banco Central's (Central Bank) 2015 national economy growth projections dropping from a forecasted 3.4%...

Unemployment Creeps Over 10%

(QCOSTARICA) Something we already knew that we wish were not true: Costa Rican unemployment, hovering around 10% for some time has crept above that mark. The National Institute of Statistics and Census (INEC) reported 10.1% of the population, or 232,000 persons, are out of work...

The Most Miserable Countries In The World. Where Does Costa Rica Stand?

QCCOSTARICA - A report by the Cato Institute reveals that Honduras and Costa Rica are the countries with the highest rates of poverty in Central America and in the region. In South America, the most miserable countries at the end of 2014 are  Venezuela...

Unemployment Rose to 9.7% in Fourth Quarter of 2014

COSTA RICA NEWS - Unemployment rose during the last three months of 2014, the jobless rate reaching 9.7%, representing an increase of 1.14% compared to the same period in 2013, when it was 8.3%, according to the National Institute of Statistics and Census (Spanish:...

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