Colombia | In November, the unemployment rate decreased to 7.0%

Summary

The national unemployment rate stood at 7.0% in November 2025, the lowest level for a November since 2001. In seasonally adjusted terms, the rate was 8.3%, marking a change from the stability around 9.0% observed in previous months. Employment growth remained at 4.2%.

Key points

• Key points:
• Compared to October 2025, the decrease in the unemployment rate was driven by a lower labor participation rate and a higher employment rate.
• National employment increased by 993,000 jobs compared to a year ago. Both wage-earning and non-wage-earning employment grew at similar annual rates, increasing by 4.1% and 4.3%, respectively.
• The main drivers of employment were agriculture, accommodation and food services, and construction.
• Job creation was concentrated mainly among men (+624,000 jobs), although female employment also increased significantly (+369,000). New jobs for women were mainly in private companies, while those for men were concentrated in self-employment.
• Higher female unemployment rates are largely explained by lower labor participation and lower employment levels, linked to an unequal distribution of household chores. Although progress has been made in narrowing this gap, it has been gradual and remains insufficient to eliminate persistent inequalities.

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