Banco de la República, gif (4471 bytes)


Unemployment rate


According to the Continued Household Survey of the National Administrative Department of Statistics, the unemployment rate in December for the seven main metropolitan areas was 19.7% in the first quarter of 2001. The metropolitan areas that had the highest unemployment rates were Manizales (21.0%), Bogotá (20.6%), Bucaramanga (20.5%), Medellín (20.2%), Cali (19.8%), and Pasto (18.5%), while the lowest was in Barranquilla (12.9%). On the other hand, the occupation rate for the seven metropolitan areas was 51.9%, where Pasto (57.3%) Bucaramanga (55.2%), Cali (53.7%) and Bogotá (52.0%) showed the highest employment rates. Therefore, Pasto (53.3%), Bucaramanga (51.8%), Bogotá (50.8%) and Cali (50.4%), where the four cities that had the highest participation rates. The participation crude rate for the seven metropolitan areas was 49.4%.

UNEMPLOYMENT
Seven Cities and its Metropolitan Areas

I1P10001.GIF (5142 bytes)


UNEMPLOYMENT RATE % 1/

END OF
QUARTER
1990 1991 1992 1993 1994 1995
1 10.1     10.7     10.8     9.7     10.2     8.1    
2 10.9     10.7     11.2     9.1     9.8     9.0    
3 10.2     9.8     9.1     7.8     7.6     8.7    
4 10.6     9.4     9.8     7.8     8.0     9.5    
END OF
QUARTER
1996 1997 1998 1999 2000 2001  2/
1 10.2     12.3     14.4     19.5     20.3            19,7 p
2 11.4     13.4     15.9     19.9     20.4        
3 11.9     12.1     15.0     20.1     20.5         
4 11.3     12.0     15.6     18.0    

    19,7 p

    

p: Provisional.

1/ the unemployment rate is the percentage relation between the number of unoccupied persons and the economically active population.

2/ In the 2000 the National Administrative Department of Statistics revised and actualized the National Household Survey methodology now called Continued Household Survey (CHS), which embody among others, the new concepts of occupied and unoccupied variables. Since January 2001, in the CHS, the population's data come from the demography projections of the Work Age Population, estimated on the 1993 census results, instead of using the Total Population projection. Wherefore, since this date, the figures are not comparable and the Banco de la República calculates the data of the seven metropolitan areas (Bogotá, Barranquilla, Cali, Medellín, Bucaramanga, Manizales and Pasto).

Source:   National Administrative Department of statistics (DANE).