Colombia Employment Rate

Employment Rate in Colombia decreased to 56.11 percent in August from 56.23 percent in July of 2019. Employment Rate in Colombia averaged 55.35 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.

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 56.30 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 Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	10.80	10.70	17.87	7.30	percent	[+]
Unemployed Persons	2676.70	2657.30	3408.44	1791.64	Thousand	[+]
Population	49.83	49.29	49.83	16.01	Million	[+]
Labor Force Participation Rate	62.90	63.00	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	22115.97	22140.00	23098.02	15188.95	Thousand	[+]
Employment Rate	56.11	56.23	61.41	48.97	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. This page provides - Colombia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Employment Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	56.11	56.23	61.41	48.97	2001 - 2019	percent	Monthly	NSA

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Country	Last		Previous	Range
Mexico	96.20	Sep/19	96.26	97.23 : 93.58	%
Switzerland	80.60	Jun/19	79.9	81.3 : 76.9	%
Netherlands	78.10	Jun/19	77.7	78.1 : 63.5	%
Germany	76.50	Jun/19	76.3	76.5 : 63.6	%
United Kingdom	75.90	Jul/19	76.1	76.1 : 65.6	%
France	66.00	Jun/19	66.1	66.1 : 63.5	%
Spain	64.49	Jun/19	63.58	67.18 : 54.91	%
Australia	62.70	Sep/19	62.7	62.9 : 54	%
Canada	62.10	Sep/19	62	63.7 : 56	%
South Korea	61.50	Sep/19	61.4	61.6 : 56.1	%
United States	61.00	Sep/19	60.9	64.7 : 55	%
Japan	60.90	Aug/19	60.7	65.4 : 55.9	%
Russia	59.90	Aug/19	59.7	66.6 : 58.8	%
Italy	59.10	Jul/19	59.2	59.2 : 55.3	%
Brazil	54.70	Aug/19	54.7	57.3 : 53.1	%
India	46.80	Dec/18	47.8	50.8 : 46.8	%
Turkey	45.50	Jul/19	45.6	47.9 : 38.9	%
Argentina	42.60	Jun/19	42.3	43.4 : 36.3	%
South Africa	42.44	Jun/19	42.56	46.17 : 41	%