American Expatriate Costa Rica

Unemployment increases: 296 thousand people have no job

This Thursday, the National Institute of Statistics and Census (INEC) announced that unemployment in Costa Rica increased and now 296 thousand people have no job, that is, 11.3%

The increase was 0.6 percentage points compared to the first quarter of 2019 and 3.3 points against the second quarter of 2018.

For the second quarter of 2019, 296 thousand people are unemployed, 90 thousand more people actively sought a job and did not find it compared to the second quarter of 2018. Of the total unemployed, 147 thousand were men and 149 thousand women,”

explained INEC.

The year-on-year increase in the unemployed population is a result of the increase in the labor supply by people, both in men and women and in both areas of residence.

For the second quarter of 2019, the percentage of employed persons with informal employment was 46.3%. Thus, the population with this condition was close to one million, of which 593 thousand were men and 419 thousand women.

crhoy.com