Employment Rate in Colombia increased to 57.85 percent in November from 57.75 percent in October of 2019. Employment Rate in Colombia averaged 55.37 percent from 2001 until 2019, reaching an all time high of 61.41 percent in October of 2015 and a record low of 48.97 percent in January of 2007. source: Dane, Colombia

Employment Rate in Colombia is expected to be 56.80 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 56.60 in 12 months time. In the long-term, the Colombia Employment Rate is projected to trend around 57.20 percent in 2020, according to our econometric models.

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Colombia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
57.85 57.75 61.41 48.97 2001 - 2019 percent Monthly
NSA


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.

Colombia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.30 9.80 17.87 7.30 percent [+]
Unemployed Persons 2331.82 2490.28 3408.44 1791.64 Thousand [+]
Population 49.83 49.29 49.83 16.01 Million [+]
Labor Force Participation Rate 64.10 62.80 66.90 56.90 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 [+]
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 [+]
Employed Persons 22874.45 22813.25 23098.02 15188.95 Thousand [+]
Employment Rate 57.85 57.75 61.41 48.97 percent [+]