Costa Rica unemployment rate up slightly at 10.4%

September 20th, 2013 ( Costa Rica’s unemployment rate for the second quarter of 2013 stood at 10.4%, a slight increase from the same period last year when the figure was recorded at 10.2%, according to a report issued yesterday by the National Institute of Statistics and Census (INEC).


As part of a statement, INEC said that the change was insignificant and indicated that there was no significant change in the Costa Rican labor market in the last year.


The data also revealed that the unemployment rate for women was 13.1%, significantly higher than that of men, which stood at 8.8%.


Overall, Costa Rica added 43,000 jobs since the same period last year.  Costa Rica, with a population of 4.7 million, has nearly two million people in the workforce.


Costa Rica’s unemployment rate has ranged between 9.6% and 10.9% since 2011.

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