The Dominican Republic’s economy generated a net increase of 176,581 employed individuals over the 12 months ending in March 2025, according to preliminary findings from the Central Bank of the Dominican Republic’s (BCRD) Continuous National Workforce Survey (ENCFT).
The report, released by the BCRD as part of its commitment to transparency, highlights a positive trend in the nation’s labor market. Key indicators show record-high levels of employment and a decrease in joblessness. Notably, the informal employment rate reached its lowest point in the ENCFT series, registering at 53.4% of the employed population during the January-March 2025 period.
The unemployment rate also saw a slight decrease, settling at 4.9% in the first quarter of 2025, a 0.2 percentage point reduction compared to the same period last year.
The total number of employed...
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