Colombia Jobless Rate Drops in May
2026-06-30 15:48
By
Isabela Couto
1 min. read
Colombia’s unemployment rate fell to 8.0% in May 2026 from 8.8% in the previous month, remaining below market expectations of 8.9% and marking the lowest reading for the month of May since 2001.
The unemployment rate for women stood at 9.9%, while the rate for men was 6.6%, resulting in a gender gap of 3.3 percentage points.
The number of unemployed people declined by 203,000 from a year earlier.
The sharpest drop was recorded in rural areas and small population centers, where unemployment fell 30.5%, followed by the 13 main cities and metropolitan areas, where it declined 4.4%.
For the rolling March–May 2026 period, the national unemployment rate averaged 8.5%.