Employment Rate in Costa Rica decreased to 54.73 percent in the third quarter of 2019 from 55.46 percent in the second quarter of 2019.

Employment Rate in Costa Rica averaged 54.85 percent from 2010 until 2019, reaching an all time high of 57.79 percent in the fourth quarter of 2013 and a record low of 51.16 percent in the second quarter of 2011. This page provides - Costa Rica Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Costa Rica is expected to be 52.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Costa Rica to stand at 54.04 in 12 months time. In the long-term, the Costa Rica Employment Rate is projected to trend around 53.88 percent in 2020, according to our econometric models.


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Costa Rica Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
54.73 55.46 57.79 51.16 2010 - 2019 percent Quarterly
NSA

Costa Rica Employment Rate
In Costa Rica, the employment rate measures the number of people who have a job as a percentage of the working age population.

Costa Rica Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.40 11.90 12.00 8.30 percent [+]
Unemployed Persons 278108.00 295580.00 295580.00 38708.00 [+]
Minimum Wages 5241.05 5241.05 5241.05 7.53 points [+]
Population 5.00 4.95 5.00 1.33 Million [+]
Wages 681398.00 665012.00 792836.00 357554.00 CRC/Month [+]
Wages High Skilled 748700.00 762500.00 762500.00 728400.00 CRC/Month [+]
Wages Low Skilled 296600.00 298000.00 339500.00 296600.00 CRC/Month [+]
Labor Force Participation Rate 61.80 63.00 63.70 56.80 percent [+]
Living Wage Family 331800.00 331800.00 331800.00 331800.00 CRC/Month [+]
Living Wage Individual 209000.00 209000.00 209000.00 209000.00 CRC/Month [+]
Employed Persons 2162613.00 2183195.00 2183195.00 1765039.00 [+]
Employment Rate 54.73 55.46 57.79 51.16 percent [+]