Some 45,000 new jobs were generated in March this year compared to the same period last year. According to data from the Costa Rican Social Security Fund (CCSS), the biggest growth was in real estate and rental activities.
Jacqueline Castillo, head of the CCSS statistics department, explained that although construction rates have decreased, there is a rise in apartments and condominiums sales.
However, it’s not all consumer-related. People or firms making large investments to acquire properties, and even real estate funds, also influence the higher employment rate.