Tuesday 22 June 2021

Labour Participation Still Falling in Costa Rica

Street vending in San Jose
Street vending in San Jose

(QCOSTARICA) In the third quarter the national net labour participation rate fell by 3% compared to the same period in 2015.

From a statement issued by the National Institute of Statistics and Census (INEC) of the results of Continuous Employment Survey III quarter 2016:

  • Informal employment fell by 3.0 percentage points
  • Level III quarter 2016 unemployment was 9.7%, no significant variation seen compared to the same period last year when it was 9.2%.
  • Employed population nationwide was approximately ninety-one thousand (91,000) fewer people compared to the same period.
  • Labour force participation fell by 3.3 percentage points.
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In the third quarter of 2016 (July to September), the net national labour participation rate fell by three percentage points (pp) compared with the same period last year, reaching 57.7%, representing in absolute terms a decrease of 89 thousand people.

Read full report (in spanish).

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"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.

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