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In this new issue of OTMT we analyse the evolution of the labour market up to September 2023. We take stock of the evolution of the main aggregate indicators and focus on the monitoring of the Labour Reform, the occupational mismatch of university workers, and the education and training of self-employed and entrepreneurs.
September 1, 2023
The national unemployment rate for July was 9.6%, 1.4 percentagepoints lower than last year's July rate (11.0%), being the lowest rate for themonth of July since 2015. On the margin, compared to June of this year, theunemployment rate was down 0.3 percentage points.
The June 2023 national unemployment rate was 9.3%, the lowest rate for a month of June since 2018. The decline in the June unemployment rate responded to a rebound in job creation (4.7% y/y) from 1.7% in May. Employment for the month was high a…
In May, unemployment showed mixed signals, with a reduction at the national level but an increase at the urban level. The service sectors led job creation and women were the main contributors to this creation, accounting for 99% of the jobs cre…
The national unemployment rate was 10.7% in April, down from 11.2% in the same month of 2022. Seasonally adjusted, the April unemployment rate was at relatively low levels. These lower levels of the unemployment rate have been observed since Fe…
In March the national unemployment rate was 10.0%, 2.1 percentage points lower than in the same month of 2022. Seasonally adjusted, the unemployment rate in March was 10.0%, down from 10.3% in February and below the 11.0% level around which it had stabilised between May 2022 and January 2023.
Employment hardly changed between January and March, improving expectations. After adjusting by seasonality, job creation and total hours worked accelerated (to 1.2% and 0.6% t/t SWDA, respectively). In addition, the unemployment rate (12.6% SWDA) and the temporary employment rate (17.8% SWDA) fell.
In February 2023, the national unemployment rate was 11.4%, seasonally adjusted, showing lower levels than in previous months, explained by an increase in the population outside the labor force, with employment remaining at similar levels since…
The national unemployment rate stood at 13.7% and the urban unemployment rate at 14.5%, both lower than those observed a year ago. The employed reached 22.2 million people (+108 thousand seasonally adjusted), slightly above the average level ob…
We analyse the evolution of the labour market until December 2022 or January 2023 in this edition of OTMT . We take stock of the evolution of the main aggregate indicators and focus on the effects of demographic ageing on employment, working ho…
Good year in terms of employment growth and unemployment reduction for Colombia in 2022. In the main cities, the unemployment rate was reduced with respect to 2021.
In 2022, the unemployment rate was 11.2% nationally, decreasing 2.6 p.p. with respect to 2021. In 2022, the national employment stood at 22 million, 1.6 million more than in 2021 and 0.7 million more than in 2019. In 2022, employment showed greater dynamism than before the pandemic.
