Tuesday, 27 October 2020

Costa Rica Employers Fear Unemployment Caused by Credit Limit

The business community fears that the credit restrictions imposed by the Banco Cental (Central Bank) will cause job losses and halt the creation of new jobs.

Trabajadores-2-652x300

In fact, in 2012 the creation of new jobs grew only 2.8%, while in 2011 it was 5%, according to the  Caja Costarricense de Seguro Social (CCSS).

- Advertisement -

The director of the Unión Costarricense de Cámaras y Asociaciones del Sector Empresarial Privado (UCCAEP) – Union of Chambers and Associations of Private Business Sector, Luis Mesalles, stressed that employment will be affected this year.

For his art, the president of the Cámara de Comercio de Costa Rica (Chamber of Commerce of Costa Rica), Arnoldo André, acknowledged the fears that will affect the trade sector, the largest employer in the country with more than 200.000 workers.

Financial experts, like the VP of BAC Credomatic, Gerardo Corrales, the best advice for people is to care for their employment.

The credit restrictions leading to less employment is also expected to impact consumer consumption.

- Advertisement -

- Advertisement -
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Gasoline prices will be cheaper on Wednesday

QCOSTARICA - On Wednesday, October 28, the lower fuel prices for...

Costa Rica only asks for these 2 requirements to enter by air

QCOSTARICA - From this Monday, October 26, Costa Rica eliminated the...

MOST READ

Business Benefits of Cloud Services Explained

If you want to create an effective app for your business, you might need to decide where you want to host it in the...

Three European airlines resume flights to Costa Rica

QCOSTARICA - Three European airlines announced Friday they are ready to resume flights to Costa Rica, the first will be Air France, arriving at...

Reduction in Marchamo pending

It is expected that this Tuesday, October 27, Congress will approve the reduction in the 2021 Marchamo.

Gasoline prices will be cheaper on Wednesday

QCOSTARICA - On Wednesday, October 28, the lower fuel prices for Super, Plus 91 and Diesel fuel will go into effect. Prices at the pumps...

Campaign seeks to position Los Chiles as a tourist destination

TODAY COSTA RICA - Tourism entrepreneurs and the Costa Rican Tourism Institute (ICT) seek to give a new face to the canton of Los...

Political parties turn their back on Government’s second attempt at dialogue

QCOSTARICA - The second attempt at dialogue by the Executive Power to define the route to follow in search of a solution to the...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.