The unemployment rate in Colombia rose to 11.3 percent in June of 2022 from 14.7 percent in the corresponding month of the previous year. The number of unemployed decreased by 0.65 million to 2.8 million, while the employed population increased by 2.0 million to 22.0 million, of which 0.51 million jobs were gained in arts & entertainment; and 0.27 million in manufacturing industries. Meantime, the employment rate rose to 56.5 percent from 52.3 percent in June of 2021, while the activity rate went up to 63.7 percent from 61.2 percent. source: Dane, Colombia
Unemployment Rate in Colombia averaged 11.79 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 August of 2022.
Unemployment Rate in Colombia is expected to be 12.10 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.