Costa Rica Unemployed Persons - Forecast

Unemployed Persons in Costa Rica is expected to be 230000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Costa Rica to stand at 240000.00 in 12 months time. In the long-term, the Costa Rica Unemployed Persons is projected to trend around 230000.00 in 2020, according to our econometric models.


Costa Rica Unemployed Persons
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Costa Rica Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 9.3 9.6 9.6 9.7 9.7 9.4
Unemployed Persons 204452 230000 222000 235000 240000 230000
Minimum Wages 5089 5089 5088 5087 5086 5075
Population 4.91 4.91 4.92 4.94 4.95 5.1
Wages 639761 603946 597959 592826 587872 548838
Wages High Skilled 763600 775600 775600 775600 775600 790600
Wages Low Skilled 285600 326274 326274 326274 326274 340351
Labor Force Participation Rate 57 59.1 58.7 58.9 60 60.5
Living Wage Family 365500 365500 365500 365500 365500 375500
Living Wage Individual 275600 275600 275600 275600 275600 275600
Employed Persons 1995640 1969706 1971523 1979545 1984954 1993545
Employment Rate 51.7 51.61 52.59 53.62 54.07 54.5