Employment Rate in Colombia decreased to 41.57 percent in April from 51.70 percent in March of 2020.

Employment Rate in Colombia averaged 55.30 percent from 2001 until 2020, reaching an all time high of 61.41 percent in October of 2015 and a record low of 41.57 percent in April of 2020. This page provides - Colombia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Employment Rate - values, historical data and charts - was last updated on June of 2020. source: Dane, Colombia

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 56.90 in 12 months time. In the long-term, the Colombia Employment Rate is projected to trend around 57.20 percent in 2021, according to our econometric models.

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Colombia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
41.57 51.70 61.41 41.57 2001 - 2020 percent Monthly
NSA

Colombia Labour Last Previous Highest Lowest Unit
Unemployment Rate 19.80 12.60 19.80 7.30 percent [+]
Unemployed Persons 4082.51 2969.00 4082.51 1791.64 Thousand [+]
Population 50.37 49.83 50.37 16.01 Million [+]
Wages High Skilled 2598000.00 2503700.00 2598000.00 2470000.00 COP/Month [+]
Wages Low Skilled 899500.00 833200.00 899500.00 825400.00 COP/Month [+]
Labor Force Participation Rate 51.80 59.20 66.90 51.80 percent [+]
Living Wage Family 1095100.00 1065500.00 1095100.00 1042100.00 COP/Month [+]
Living Wage Individual 782100.00 746500.00 782100.00 730000.00 COP/Month [+]
Employed Persons 16524.63 20531.00 23098.02 15188.95 Thousand [+]
Employment Rate 41.57 51.70 61.41 41.57 percent [+]


Colombia Employment Rate
In Colombia, the employment rate measures the number of people who have a job as a percentage of the working age population.