Colombia Unemployment Rate

Unemployment Rate in Colombia decreased to 10.17 percent in April of 2013 from 10.21 percent in March of 2013. Historically, from 2001 until 2013, Colombia Unemployment Rate averaged 12.41 Percent reaching an all time high of 17.87 Percent in January of 2002 and a record low of 8.85 Percent in October of 2012. In Colombia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Colombia Unemployment Rate.

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Labour \| STATISTICS	Last		Previous	Highest	Lowest	Forecast		Unit	Trend
Population	47.10	Dec/2012	46.93	47.10	16.01	46.98	Dec/2012	Million
Unemployed Persons	2336.89	Apr/2013	2320.58	3408.44	1868.18	2433.18	Apr/2013	Thousand Persons
Unemployment Rate	10.17	Apr/2013	10.21	17.87	8.85	9.60	Dec/2013	Percent

CALENDAR		Country	Event	Reference	Actual	Previous	Consensus	TEForecast
27/Mar/2013	05:00 PM	Colombia	Unemployment Rate	Feb 2013	11.79%	12.1%
30/Apr/2013	05:00 PM	Colombia	Unemployment Rate	Mar 2013	10.21%	11.79%
31/May/2013	06:00 PM	Colombia	Unemployment Rate	Apr 2013	10.17%	10.21%		10.20%
28/Jun/2013	01:30 PM	Colombia	Unemployment Rate	May 2013		10.17%		10.09%
31/Jul/2013	01:30 PM	Colombia	Unemployment Rate	Jun 2013
30/Aug/2013	01:30 PM	Colombia	Unemployment Rate	Jul 2013
30/Sep/2013	01:30 PM	Colombia	Unemployment Rate	Aug 2013
31/Oct/2013	01:30 PM	Colombia	Unemployment Rate	Sep 2013
29/Nov/2013	01:30 PM	Colombia	Unemployment Rate	Oct 2013
30/Dec/2013	01:30 PM	Colombia	Unemployment Rate	Nov 2013

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Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.