Finance Colombia » unemployment

Colombia’s New Deficit Target Reveals Shock Caused By Coronavirus: Fitch Ratings

According to Fitch Ratings, the Coronavirus COVID-19 Pandemic is causing a contraction in Colombia's economy, and severe fiscal pressure on the government.

Posted On April 22, 2020

, By Loren Moss

ECLAC headquarters in Santiago, Chile. (Credit: ECLAC/CEPAL)

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ECLAC Forecasts Colombian Economy to Grow by 2.7% in 2018

"The forecasts for 2018 and 2019 are promising and are supported by stronger growth in Colombia’s trading partners,” stated ECLAC in its mid-year regional breakdown.

Posted On August 25, 2018

, By Jared Wade

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Colombian Unemployment Rate Comes in at 9.1% in June

This represents an uptick from the 8.7% rate registered in June 2017. The overall second quarter unemployment rate this year was 9.4%

Posted On July 27, 2018

, By Jared Wade

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Bancolombia Projects Colombian GDP to Grow by 2.5% in 2018

Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.

Posted On February 4, 2018

, By Jared Wade

consumer confidence santafe centro comercial bogota

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Consumer Confidence Creeps Up in Colombia for the Fifth Straight Month

Despite an increase for the fifth straight month, BBVA analysts caution against an overly optimistic reaction to another minor uptick

Posted On July 26, 2016

, By Jared Wade

Colombia's President Juan Manuel Santos odebrecht

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Colombia’s Unemployment Rate Falls To 7.3%; Lowest In 15 Years

Colombia’s unemployment rate dropped in November to 7.3%, announced Minhacienda, Colombia’s Finance Ministry, along with statistics agency DANE yesterday. The new rate reflects a drop of 0.4 percentage points over the 2014 statistic. The rate in the 13 largest cities was measured...

Posted On December 31, 2015

, By Loren Moss

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Unemployment In Colombia Continues At Record Lows

Colombia’s Finance Minister Mauricio Cardenas said Tuesday that the unemployment rate for the country continues its downward trend, reaching 9.9% for the month of February, 2015. “The trend in unemployment continues to fall. The unemployment rate has stood at 9.9% in...

Posted On April 11, 2015

, By Loren Moss

Colombia Enjoying Historically Low Unemployment Rates

Colombia’s Finance Minister Mauricio Cardenas said Friday from Puerto Inirida, Guainia, that the unemployment rate in Colombia dropped to 10.8% for January 2015, “in an environment of increased labor force participation by Colombian households with an increase in...

Posted On March 4, 2015

, By Loren Moss