5 Days of Labor Strikes in Costa Rica Leave Millions in Economic Loses

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After five days of labor strike in Costa Rica, many students have been affected with approximately 50% of schools being closed, thousands of patients have lost their long waited doctor’s appointment or worse, their surgery, others have been affected by to road blocks, and the list goes on. Through a press release The Costa Rican Chamber of Exporters (CADEXCO) informed that after four days of labor strike they have important financial loses.

“During the first two days of protests, the companies that use the Moin port were able to implement logistic protocols to ship their goods on time, however, after the events of insecurity that affected the area, some exporters report limitations to transport their cargo to Limon after 3 p.m. since their insurance doesn’t cover vandalism or sacking”, explained the press release.

“The Moin port is operating only six hours a day, this represents a reduction of 11.846 tons that don’t ship, which equate to $9.38 million of our daily exports. The limited attention at the port is generating uncertainty for international clients, affecting the credibility in front of our buyers and having repercussions for the image of our country”

The Social Security Service has also reported thousands of dollars in additional expenses just to resolve their laundry problem, in addition to additional hours paid to members of the staff.

The Costa Rican Chamber of Commerce also reported daily loses of approximately $4.2 million; while the Costa Rican Construction Chamber estimates that each day of strike costs the construction sector close to $4.5 million, which translates into difficulties in the generation of jobs.

“The national economy faces the risk of entering a recession as a result of this unjustified strike that only adds more difficulties to the already complicated situation”, states the Construction Chamber in a press release.

The tourism sector specially in Limon and Puntarenas has also been affected by the protests this week

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