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Unemployment rate

The unemployment rate (relation among the number of unemployed and the population financially active PEA), for all seven principal metropolitan areas of the country in September, 2001 was of 18.0%, 2.6 percentage points lower than the observed one in equal period of 2000 and in 0.2 percentage points than the previous quarter. The city that registered the major rate of unemployment in this period, was Cali (19.1%), higher in 1.5 percentage points to the registered one in June, 2001 (17.6%), which had been one of the lowest. On the other hand, the metropolitan areas of Barranquilla and Medellín were those who presented minor rates of dispossession with 16.0% and 16.4% respectively. The remaining cities, Bogotá, Bucaramanga, Manizales and Pasto, exhibit rates between 17.2% and 18.7%.

UNEMPLOYMENT
Seven Cities and its Metropolitan Areas


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        20012/
1 10.2     12.3     14.4     19.5     20.3     20.1    
2 11.4     13.4     15.9     19.9     20.4     18.1    
3 11.9     12.1     15.0     20.1     20.5     18.0    
4 11.3     12.0     15.6     18.0     19.5      

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:  DANE.


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