Employment Rate in Colombia decreased to 49.80 percent in January from 53.40 percent in December of 2020. source: Dane, Colombia

Employment Rate in Colombia averaged 55.07 percent from 2001 until 2021, 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 February of 2021.

Employment Rate in Colombia is expected to be 50.50 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 52.00 in 12 months time. In the long-term, the Colombia Employment Rate is projected to trend around 54.00 percent in 2022, according to our econometric models.

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Colombia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
49.80 53.40 61.41 41.57 2001 - 2021 percent Monthly

Colombia Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.30 13.40 21.40 7.30 percent [+]
Unemployed Persons 4167.00 3305.00 4693.93 1791.64 Thousand [+]
Population 50.37 49.83 50.37 16.01 Million [+]
Labor Force Participation Rate 60.10 61.70 66.90 51.80 percent [+]
Minimum Wages 908526.00 877803.00 908526.00 11298.00 COP/Month [+]
Employed Persons 19968.00 21409.00 23098.02 15188.95 Thousand [+]
Employment Rate 49.80 53.40 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.