Banco de la República, gif (4471 bytes)


Unemployment rate


According to the National Household Survey of the National Administrative Department of Statistics, the unemployment rate for the seven main metropolitan areas was 20.5% in September of 2000, which represents an increase of 0.4 percentage point with respect to September of 1999. During this quarter the metropolitan areas which registered the highest unemployment rates were Manizales (22.4%), Cali (21.5%), Pasto (21.3%), Medellín (21.2%) Barranquilla (20.3%) and Bogotá (20.2%), while the lowest was Bucaramanga (17.8%). Between September 1999 and September 2000, the number of unemployed people in the seven metropolitan areas grew by 106,000 people. For the same period, the global participation rate stood at 64.8%, 1.5 percentage points higher than the one observed in September 1999. The occupation rate grew from 50.6% in September 1999 to 51.5% in September of 2000.  

UNEMPLOYMENT
Seven Cities and its Metropolitan Areas

I1P10001.GIF (5142 bytes)


UNEMPLOYMENT RATE %

END OF
QUARTER

1989

1990

1991

1992

1993

1994

1

11.0

10.1

10.7

10.8

9.7

10.2

2

10.3

10.9

10.7

11.2

9.1

9.8

3

9.0

10.2

9.8

9.1

7.8

7.6

4

9.4

10.6

9.4

9.8

7.8

8.0

END OF
QUARTER

1995

1996

1997

1998

1999

2000 p

1

8.1

10.2

12.3

14.4

19.5

20.3

2

9.0

11.4

13.4

15.9

19.9

20.4

3

8.7

11.9

12.1

15.0

20.1

20.5

4

9.5

11.3

12.0

15.6

18.0

p: Provisional.
Source:   National Administrative Department of statistics (DANE).