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Caribbean & Central America - January 2019

ECONOMIC HIGHLIGHTS

COSTA RICA | Employment up. Last month Costa Rica’s Investment Promotion Agency (Cinde), a private, non-profit, non-political organisation, and the ministry of foreign trade (Comex) announced the generation of 12,691 new jobs for Costa Ricans in 2018. These were created through the 48 new investment projects developed during the year, including new multinational companies arriving in Costa Rica, in addition to the already established companies that reported growth in service, digital technology, life sciences and advanced and light manufacturing sectors. According to employment figures from Costa Rica's social security administration (CCSS) these exceed numbers for 2015 and 2016 (11,935 and 12,307 new jobs, respectively) and come close to the record of 13,754 gross jobs created in 2017.

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