Monday 27 September 2021

Labour Participation Still Falling in Costa Rica

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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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