Sun, 17 Jan 2021

Unemployment in Colombia at 14.7 pct in October

Xinhua
01 Dec 2020, 09:18 GMT+10

BOGOTA, Nov. 30 (Xinhua) -- The unemployment rate in Colombia registered 14.7 percent in October, nearly 5 percentage points more than the rate registered during the same month last year, when it was at 9.8 percent, the National Administrative Department of Statistics (DANE) said Monday.

However, the rate declined compared to peak-pandemic months, the agency said.

"The seasonally adjusted unemployment rate nationwide was 16.2 percent in September 2020; in August, 17 percent; in July, 19.7 percent; in June, 20.7 percent; and in May, 21.1 percent," the DANE said in a statement.

Colombian President Ivan Duque last week extended the health emergency declared due to the novel coronavirus (COVID-19) until Feb. 28, but also extended measures to help reactivate the economy, such as regulations calling for social distancing and individual responsibility.

According to the DANE, "the employed population in October 2020 numbered 21.3 million people, which reflects a reduction of 1.5 million employed persons (statistically significant) compared to the same month of the previous year."

According to the statement, the areas that presented the greatest drop in employment were defense, civil service, healthcare and education.

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