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Colombia Unemployment Rate
Last Release
Sep 30, 2024
Actual
9.1
Units In
%
Previous
9.7
Frequency
Monthly
Next Release
Nov 29, 2024
Time to Release
27 Days 15 Hours
Highest | Lowest | Average | Date Range | Source |
21.4 May 2020 | 7.3 Nov 2015 | 11.59 % | 2001-2024 | N/A |
In Colombia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Latest Updates
The unemployment rate in Colombia decreased to 9.1% in September 2024, down from 9.3% in the same month last year, and it declined from August’s 9.7%, marking the lowest level since November 2023. The employed population increased by 107,000, reaching 23.213 million year-on-year. However, the labor force participation rate dropped to 63.5% from 64.2% a year earlier, while the employment rate slipped to 57.7% from 58.3%.
Colombia Unemployment Rate History
Last 12 readings