Colombia - Unemployment Rate





Colombia: Unemployment Rate

Mnemonic LBR.ICOL
Unit %, NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Feb 2020 12.16
Jan 2020 12.99

Series Information

Source National Administrative Department of Statistic (DANE) - Colombia
Release Employment and Unemployment
Frequency Monthly
Start Date 1/31/2001
End Date 2/29/2020

Colombia: Labor

Reference Last Previous Units Frequency
Total Employment Feb 2020 22,005 21,544 Ths. #, NSA Monthly
Unemployment Rate Feb 2020 12.16 12.99 %, NSA Monthly
Wage & Salaries 2019 Q4 0.15 0.83 Mil. USD, NSA Quarterly
Unemployment 2019 Q3 2,621,666 2,497,333 #, NSA Quarterly
Labor Force 2018 24,863,083 24,701,970 # Annual
Labor Force Employment 2018 22,457,166 22,397,429 # Annual
Agriculture Employment 2017 4,264,675 4,185,890 # Annual

Release Information

In the publication "Principales Indicadores del Mercado Laboral," Colombia's National Administrative Department of Statistics (DANE) releases monthly labor force status, employment by industry level, and employment by industry share; for the country, a composite of 13 major cities, and the national capital.

Encuesta Nacional de Hogares (ENH)

Gran Encuesta Integrada de Hogares (GEIH)

  • Industry classification: A*10 aggregation of CIIU Rev 3.1 A.C., the localization of ISIC Rev.3.
  • Measurements:
    • Thousands of persons (Ths. #)
    • Percent (%)
  • Cumulation: 3-month moving average (3-mo MA)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: 2001m9
  • Geo coverage:
    • Country
    • Bogotá region (ICOL_BO)
    • Bogotá Distrito Capital (ICOL_BOG)

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.  

The source also reprots select variables for as a 13 city/metropolitan area aggregate. The area includes: Bogotá, Medellín, Valle de Aburrá, e de Aburrá, Cali, Yumbo, Barranquilla , Soledad, Bucaramanga, Floridablanca, Girón, Piedecuesta, Manizales, Villamaría, Pasto, Pereira, Dosquebradas, La Virginia, Ibagué, Cúcuta, Villa del Rosario, Los Patios, El Zulia, Villavicencio, Montería, and Cartagena. The MA geo code for this is: ICOL_M13A

Moody's Analytics supplements

We produce SA counterparts to monthly labor force, for the total-country and 13-city geos.

Further reading

At the source:

At IMF (SDDS):