The unemployment rate in Colombia increased to 9.3 percent in November of 2019 from 8.8 percent in the corresponding month of the previous year. The number of unemployed advanced by 178 thousand to 2.33 million and employment went up by 413 thousand to 22.87 million. Meantime, the employment rate edged up to 57.8 percent from 59.5 percent.

Unemployment Rate in Colombia averaged 11.38 percent from 2001 until 2019, reaching an all time high of 17.87 percent in January of 2002 and a record low of 7.30 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. source: Dane, Colombia

Unemployment Rate in Colombia is expected to be 9.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Colombia to stand at 9.20 in 12 months time. In the long-term, the Colombia Unemployment Rate is projected to trend around 10.00 percent in 2020, according to our econometric models.


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Colombia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.30 9.80 17.87 7.30 2001 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-08-30 03:00 PM Jul 10.7% 9.4% 10.1%
2019-09-30 03:20 PM Aug 10.8% 10.7% 10.2%
2019-10-31 03:30 PM Sep 10.2% 10.8% 10.5%
2019-12-27 03:00 PM Nov 9.3% 9.8% 9.7%
2020-01-31 03:00 PM Dec 9.3% 9.9%


News Stream
2019-10-31
Colombia Jobless Rate Rises to 10.2%
The unemployment rate in Colombia increased to 10.2 percent in September of 2019 from 9.5 percent in the corresponding month of the previous year. The number of unemployed advanced by 153 thousand to 2.53 million while employment declined by 474 thousand to 22.23 million. Meantime, the employment rate went down to 56.3 percent from 58.3 percent and the activity rate dropped to 62.8 percent from 64.4 percent in September of 2018.

2019-09-30
Colombia Jobless Rate Rises to 10.8%
The unemployment rate in Colombia increased to 10.8 percent in August 2019 from 9.2 percent in the corresponding month of the previous year. The number of unemployed advanced by 391 thousand to 2.68 million while employment declined by 562 thousand to 22.12 million. Meantime, the employment rate went down to 56.1 percent from 58.3 percent and the activity rate dropped to 62.9 percent from 64.1 percent in August 2018.

2019-08-30
Colombia Jobless Rate Rises to 10.7%
The unemployment rate in Colombia rose to 10.7 percent in July 2019 from 9.7 percent in the corresponding month of the previous year. The number of unemployed went up by 253 thousand to 2.66 million while employment dropped by 191 thousand to 22.14 million. Meantime, the employment rate declined to 56.2 percent from 57.4 percent while the activity rate fell to 63 percent from 63.6 percent in July 2018.

2019-07-31
Colombia Jobless Rate Rises to 9.4%
The unemployment rate in Colombia increased to 9.4 percent in June 2019 from 9.1 in the same month of the previous year. The number of unemployed went up by 95 thousand to 2.36 million while employment fell by 27 thousand to 22.62 million.

2019-06-28
Colombia Jobless Rate Rises to 10.5% in May
The unemployment rate in Colombia increased to 10.5 percent in May 2019 from 9.7 in the same month of the previous year. The number of unemployed went up by 191 thousand to 2.61 million while the number of employed fell by 287 thousand to 22.16 million. Meantime, the employment rate dropped to 56.4 percent from 57.9 percent while the activity rate declined to 63.1 percent from 64.1 percent in May 2018.

2019-05-31
Colombia Jobless Rate Rises to 10.3% in April
The unemployment rate in Colombia rose to 10.3 percent in April 2019 from 9.5 percent in the corresponding month of the previous year. The number of unemployed increased by 154 thousand to 2.52 million while the number of employed declined by 775 thousand to 21.89 million. Meantime, the employment rate fell to 55.8 percent from 58.5 percent while the activity rate dropped to 62.2 percent from 64.6 percent in April 2018.


Colombia Unemployment Rate
In Colombia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

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 [+]