The Bank  Board of Directors  Economic Information  Banking Operations  Luis Ángel Arango Library  Gold Museum

Banco de la República, gif (4471 bytes) Economic Information, Reports, Economic Indicators, Quaterly (5746 bytes)

Economic Information, main menu, gif (2597 bytes)

Unemployment rate

The unemployment rate for the seven main metropolitan areas stood at16.8% in the fourth quarter of 2001, 1.2 percentage points lower than the observed in the previous quarter, due to the reduction of 47 thousand unemployed persons. Likewise, the number of employed persons increased in 278 thousand, resulting in a whole of the occupied population of 6.3 million persons. The quarterly unemployment rate for the seven principal metropolitan areas was 0.1 and 3.0 percentage points higher than the one observed for the thirteen cities and the national whole respectively. The cities that registered the major quarterly unemployment rate, were Ibagué 21.5%, Pasto 18.9%, Barranquilla 17.5%, Pereira 17.4% and Bogotá 17.0. On the contrary, the cities that presented minor unemployment rates were Cúcuta 13.0%, Villavicencio 14.4%, Cali 15.9%, Montería 15.4%, Cartagena 15.9%, and Medellín 16.5%.

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 2001 2/
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 16.8

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.


Economic Information
Introduction | Statistics | Faq | Warning |

 
Imagemap, gif (2790 bytes)
 
Top of Page, gif (909 bytes)

 

hole.gif (385 bytes)