Colombia Employment Rate - Forecast

Employment Rate in Colombia is expected to be 57.32 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 57.44 in 12 months time. In the long-term, the Colombia Employment Rate is projected to trend around 57.42 percent in 2020, according to our econometric models.


Colombia Employment Rate
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Colombia Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.7 9.7 9.6 9.6 9.4 9.4
Unemployed Persons 2420 3200 3200 3200 2390 3350
Population 49.29 49.69 49.69 50.1 50.1 50.6
Labor Force Participation Rate 63.3 63.87 64.5 63.89 63.89 65
Living Wage Family 1098000 1140660 1140660 1135353 1135353 1130701
Living Wage Individual 776200 778923 778923 781232 781232 779976
Wages High Skilled 2499200 2502030 2502030 2480000 2480000 2508498
Wages Low Skilled 830100 828000 828000 834000 834000 850000
Employed Persons 22451 22205 22254 22232 22243 22239
Employment Rate 57.87 57.32 57.48 57.39 57.44 57.42