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Published on Saturday, August 30, 2025

Colombia | July Once Again a Good Month for the Labor Market

Summary

Colombia’s national unemployment rate in July 2025 stood at 8.8%, down from 9.9% a year earlier and the lowest for a July in the past 24 years. Employment remained at high levels, driven by wage jobs in private companies. The sectors that generated the most jobs were Accommodation and Food Services, and Transportation.

Key points

  • Key points:
  • In seasonally adjusted terms, the unemployment rate stood at 9%, remaining at low and relatively stable levels over the past five months.
  • In July, 23.8 million people were employed, a level higher than in June of this year and above the year-to-date average (23.7 million), both seasonally adjusted.
  • Salaried employment, a more formal type of job, recorded annual growth of 6.2% in July, compared with 1.0% year-on-year in March. Meanwhile, non-salaried employment has been slowing since March (from 8% year-on-year in March to 0.7% in July). Labor informality declined from 56.0% in July 2024 to 54.8% in July 2025.
  • In July, Accommodation and Food Services, Transportation, Professional Activities, and Retail were the main job creators.

Geographies

Documents and files

Press article (PDF)

Colombia | July Once Again a Good Month for the Labor Market

Spanish - August 30, 2025

Authors

ML
María Claudia Llanes BBVA Research - Senior Economist
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