Costa Rica Unemployment Rate

Last Release

Mar 31, 2024

Actual

7.8

Units In

7.3

Frequency

Quarterly

Next Release

Dec 31, 2024

Time to Release

2 Months 29 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
24 Jun 2020	7.3 Dec 2023	11.21 %	2010-2024	N/A

In Costa Rica, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Latest Updates

The unemployment rate in Costa Rica fell to 8.5% in the second quarter of 2024, down from 9.6% in the same period last year, as the number of unemployed individuals declined by 23.8 thousand from the previous year to 201.1 thousand. Concurrently, the employment rate rose to 51.4%, up from 51.2%, with the number of employed individuals increasing by 35.9 thousand to 2.16 million. Meanwhile, the labor force participation rate decreased to 56.2% from 56.6%.