Unemployment in Colombia was at 10.6% in April 2024 – 2024-06-01 19:06:24

by times news cr

2024-06-01 19:06:24

DANE has revealed that the unemployment price in Colombia for April 2024 stood at 10.6%, which represents a slight lower of 0.1 proportion factors in comparison with the identical month of the earlier yr, when a ten.7%.

This lower corresponds to a rise of 123,000 employed individuals in the course of the fourth month of the yr.

Regardless of this enchancment in unemployment, the World Participation Charge (TGP) decreased by 0.6 proportion factors, going from 64.6% in April 2023 to 64.0% in April 2024. Likewise, the Charge Occupation Charge (TO) decreased 0.5 proportion factors, standing at 57.2%, in comparison with the 57.7% recorded the earlier yr.

The 13 major cities and metropolitan areas confirmed completely different dynamics, with will increase in TGP of 0.6 proportion factors and in TO of 1.1 proportion factors. Moreover, in these areas, the unemployment price decreased by 0.7 proportion factors.

When it comes to gender, a major discount within the hole was noticed, which went from 5.6% in April 2023 to 4.2% in April 2024. Feminine unemployment fell 0.9 proportion factors, whereas male unemployment elevated 0.5 proportion factors.

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Within the regional evaluation, the 13 cities and metropolitan areas skilled a development within the employed inhabitants of three.2%, contributing 1.5 proportion factors. In distinction, the Different Capitals and the populated and dispersed rural facilities confirmed decreases of -1.4% and -2.8% respectively.

The financial actions that confirmed the best will increase within the employed inhabitants had been monetary and insurance coverage, skilled, scientific, technical and administrative companies, in addition to lodging and meals companies. Alternatively, the agriculture, livestock, searching, forestry and fishing sector recorded the best lower.

The unemployed inhabitants on the nationwide degree decreased by 8,000 individuals in comparison with April of the earlier yr. The 13 cities and metropolitan areas offered a detrimental variation of -4.5% in unemployment, whereas in 10 cities and rural areas will increase in unemployment of two.2%, 3.2% and 4.2% had been noticed respectively. .

Concerning the inhabitants outdoors the labor power, a rise of 459,000 individuals was reported, equal to a variation of three.3% in comparison with April 2023, this being a statistically vital variation. The Different Headquarters and the populated and dispersed rural facilities offered vital will increase of seven.2% and 6.3% respectively.

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