Employment Rate in Colombia decreased to 56.11 percent in August from 56.23 percent in July of 2019. Employment Rate in Colombia averaged 55.35 percent from 2001 until 2019, reaching an all time high of 61.41 percent in October of 2015 and a record low of 48.97 percent in January of 2007.
Employment Rate in Colombia is expected to be 56.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Colombia to stand at 56.30 in 12 months time. In the long-term, the Colombia Employment Rate is projected to trend around 57.20 percent in 2020, according to our econometric models.