Colombia - Unemployment Rate





Colombia: Unemployment Rate

Mnemonic LBR.ICOL
Unit Percent, NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Sep 2019 10.22
Aug 2019 10.8

Series Information

Source National Administrative Department of Statistic (DANE) - Colombia
Release Employment and Unemployment
Frequency Monthly
Start Date 1/31/2001
End Date 9/30/2019

Colombia: Labor

Reference Last Previous Units Frequency
Total Employment Sep 2019 22,229 22,115 Thousands, NSA Monthly
Unemployment Rate Sep 2019 10.22 10.8 Percent, NSA Monthly
Wage & Salaries 2019 Q2 -3.89 1.01 Mil. USD, NSA Quarterly
Agriculture Employment 2017 4,264,675 4,185,890 # Annual
Unemployment 2017 Q3 2,322,625 2,280,886 #, NSA Quarterly
Labor Force 2016 24,244,017 24,016,514 # Annual
Labor Force Employment 2016 22,156,021 22,009,418 # Annual

Release Information

In the publication "Principales Indicadores del Mercado Laboral," Colombia's National Administrative Department of Statistics (DANE) releases monthly data on employment and unemployment, both nationally and specific to thirteen major cities. 

DANE conducts the Continuous Household Survey (ECH) on labor force, income, and expenditure to produce demographic and socio-economic statistics. The survey samples more than 44,000 households in 13 cities and municipal townships. 

In December 2005, new questions were added to the survey for a more complete analysis of a single household. Continuity and comparability was maintained with the adjustment in methodology. 

DANE uses standards set by the International Labour Organization (ILO) to define population classifications.

  • Economically Active Population or Labor Force (EAP): Individuals who are of working age that are either working or looking for a job during the reference week.
  • Employed (E): Individuals who either worked at least one paid hour, was on a temporary leave, unpaid family workers who worked at least one hour in the reference week. 
  • Unemployed (U): Individuals categorized in one of the following situations during the reference week: (1) Visible Unemployment (VU) or Invisible Unemployment (IU). 
  • Economically Inactive Population (EIP): Individuals who are of working age, but did not participate in the production of goods or services during the reference week. Groups of people are students, home-makers, pensioners, retired persons, disabled, or those or are not interested in working. All others are considered to be the working-age population (WAP). 

The reference week is the week prior to the one when the survey is conducted. It is a complete calendar week from Monday to Sunday.  

Data is subject to revisions.

For more information, please visit: http://www.dane.gov.co/files/investigaciones/fichas/great_integrated_household_survey_GEIH_methodology.pdf