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The Truth About Employment and Unemployment

Summary by elfinancierocr.com
The past July 8th, Andrés Romero Rodríguez, Minister of Labor, announced that unemployment situation had improved in Costa Rica. This statement is partially true. If we compare the unemployment rate of May 2024 with the situation a year ago, it is true. However, other elements must be considered to have the correct picture. The participation rate, which measures the percentage of people available to work, decreased in the last year without autho…

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The Truth About Employment and Unemployment

The past July 8th, Andrés Romero Rodríguez, Minister of Labor, announced that unemployment situation had improved in Costa Rica. This statement is partially true. If we compare the unemployment rate of May 2024 with the situation a year ago, it is true. However, other elements must be considered to have the correct picture. The participation rate, which measures the percentage of people available to work, decreased in the last year without autho…

·Costa Rica
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UnemploymentUnemployment
Costa RicaCosta Rica

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