Unemployment rate
According to the National Household
Survey of the National Administrative Department of Statistics (DANE), the unemployment
rate for the largest metropolitan areas continued its growth trend initiated in 1994. In
December 1998 the unemployment rate was 15.6%, three percentage points (284,300 workers)
higher than the rate registered tin December of 1997 (12.0%). The metropolitan areas which
registered the highest unemployment rates were Cali (19.6%), and Pereira (18.9%). The
lowest rates were displayed by Barranquilla (10.4%), and Montería (13.9%). The total
participation rate for the seven major metropolitan areas increased from 60.9% in
September 1998, to 62.7% in December 1998. The occupation rate was 52.9% in December 1998
and 54.1% in the same month of 1997.
UNEMPLOYMENT
Seven Cities and its Metropolitan Areas
|
UNEMPLOYMENT
RATE %
END OF QUARTER |
1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998p |
1 |
13,5 |
12,8 |
11,0 |
10,1 |
10,7 |
10,8 |
9,7 |
10,2 |
8,1 |
10,2 |
12,3 |
14,4 |
2 |
12,2 |
11,9 |
10,3 |
10,9 |
10,7 |
11,2 |
9,1 |
9,8 |
9,0 |
11,4 |
13,3 |
15,9 |
3 |
11,2 |
10,2 |
9,0 |
10,2 |
9,8 |
9,1 |
7,8 |
7,6 |
8,7 |
11,9 |
12,1 |
15,0 |
4 |
10,2 |
10,4 |
9,4 |
10,6 |
9,4 |
9,8 |
7,8 |
8,0 |
9,5 |
11,3 |
12,0 |
15,6 |
|
p: Provisional.
Source: National Administrative Department of statistics (NADS). |
