Tuesday 28 September 2021

Informal Employment On The Rise In Costa Rica

Paying the bills

Latest

Vaccination against covid-19 will be mandatory for public employees

QCOSTARICA - Vaccination against covid-19 will be mandatory for...

Businesses will lose permits on third violation due to parties or capacity

QCOSTARICA - The Ministry of Health announced this Tuesday...

Vehicle restrictions to continue to October 15

QCOSTARICA - This Tuesday afternoon the government announced that...

Panama will vaccinate tourists

Q24N - Non-immunized tourists visiting Panama will receive the...

End of 2021 would be the beginning of a “good” high season in tourism

QCOSTARICA - The end of 2021 would mark the...

Costa Rica 4th Latin American country best prepared to develop high-impact ventures

QCOSTARICA - Costa Rica is the fourth best ecosystem...

CCSS applied 195,598 first doses of vaccine against covid-19 during the Vaccination

QCOSTARICA - The vaccination teams of the Caja Costarricense...
Paying the bills

Share

Street vendor

QCOSTARICA – The number of people with jobs outside the formal market grew by 2.9% in the third quarter of 2015, over the same period in 2014,  showing the deterioration of the competitiveness of the Costa Rican economy.

This, according to the Continuous Employment Survey published yesterday by the National Statistics and Census Institute (INEC), revealing that iinformal employment in the third quarter was almost half of the employed (45.7%), that is about 942,000 (in 2014 there were 884,000) employees working without social security.

- Advertisement -

They can be salaried people, but their social security is not paid by their employer; this includes employees who had their social security payment made only once, unpaid assistants, employees of small businesses who do not have their business registered with the Caja Costarricesen de Seguro Social – CCSS (Social Security) or self-employed people with occasional work.

Almost half earn less than minimum wage.

The same survey shows an overall unemployment figure of 9.2%. In the third quarter of 2014 it was 10%.

However, Braulio Villegas, an economist at the Continuing Survey of Employment, said that the change is not statistically significant.

We must remember that the data is generated from estimates made by means of a survey, which results in a sample of the Costa Rican population and, from the result of that sample, the estimated data is applied nationally. Therefore, these estimates include what is known as sampling error ,“explained Villegas.

The Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP), expressed concern after analyzing the data.

- Advertisement -

“We are concerned about the growth of the informal sector because these are Costa Rican workers who do not have all of their rights recognized such as payment of the minimum wage and detrimental to social security. Informal employment is one of the biggest obstacles we face in reducing poverty in Costa Rica,” said Ronald Jimenez, president of UCCAEP.

- Advertisement -
Paying the bills
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

Vaccination against covid-19 will be mandatory for public employees

QCOSTARICA - Vaccination against covid-19 will be mandatory for all public...

Businesses will lose permits on third violation due to parties or capacity

QCOSTARICA - The Ministry of Health announced this Tuesday that it...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

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.