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Unemployment rate


According to the National Household Survey of the National Administrative Department of Statistics (DANE), the unemployment rate for the seven metropolitan areas was 19.8% in June 1999. Between June 1998 and June 1999 the unemployment rate grew by 3.9 percentage points, the global participation rate increase 0.1 points from 62.7% to 62.8%, and the occupation rate decreased 2.4 points from 52.8% to 50.4%. During the year the number of occupied persons for the seven metropolitan areas decreased by 123,717, while the unemployed population increased by 297,520. On the other hand, comparing June 1999 and June 1998, the economically active population for the seven metropolitan areas grew by 2.6% (173,803 persons).

UNEMPLOYMENT
Seven Cities and its Metropolitan Areas

UNEMPLOYMENT RATE %

END OF
QUARTER

1988

1989

1990

1991

1992

1993

1

12.8

11.0

10.1

10.7

10.8

9.7

2

11.9

10.3

10.9

10.7

11.2

9.1

3

10.2

9.0

10.2

9.8

9.1

7.8

4

10.4

9.4

10.6

9.4

9.8

7.8

END OF
QUARTER

1994

1995

1996

1997

1998

1999 p

1

10.2

8.1

10.2

12.3

14.4

19.5

2

9.8

9.0

11.4

13.3

15.9

19.8

3

7.6

8.7

11.9

12.1

15.0

 

4

8.0

9.5

11.3

12.0

15.6

 

p: Provisional.

Source:   National Administrative Department of statistics (DANE).