The unemployment rate in Colombia fell to 11.9 percent in April of 2022 from 15.5 percent in the corresponding month of the previous year. The number of unemployed decreased by 0.86 million to 2.761 million, while employment went up by 2.2 million to 21.957 million. Meanwhile, the employment rate increased to 56.5 percent from 51.6 percent. source: Dane, Colombia
Unemployment Rate in Colombia averaged 11.80 percent from 2001 until 2022, reaching an all time high of 21.01 percent in May of 2020 and a record low of 7.33 percent in November of 2015. This page provides the latest reported value for - Colombia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Unemployment Rate in Colombia is expected to be 12.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Unemployment Rate is projected to trend around 12.00 percent in 2023, according to our econometric models.