Unemployment rate
The unemployment rate for the seven
metropolitan areas (Santafé de Bogotá, Barranquilla, Cali, Medellín, Bucaramanga,
Manizales and Pasto) was 20.1% in September 1999, 5.1 points higher than in September
1998, (15.0%). The graphic shows the unemployment growth rate trend since 1996 until the
highest level ever reached. Medellín, Cali, Pasto and Manizales were the cities that
showed the major unemployment rates, reaching levels above 20%. Between September 1998 and
September 1999 the unemployed population increased by 422,051. On the other hand, the
global participation rate increased from 62.9% in the second quarter of 1999 to 63.3% in
the third. The occupation rate also presented a light increase from 50.4% to 50.6% over
the same period.
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 |
19.9 |
3 |
7.6 |
8.7 |
11.9 |
12.1 |
15.0 |
20.1 |
4 |
8.0 |
9.5 |
11.3 |
12.0 |
15.6 |
|
|
p: Provisional.
Source: National Administrative Department of statistics (DANE). |
