Unemployment rate
According to the National Household Survey of the National Administrative Department of Statistics, the unemployment rate for the seven metropolitan areas was 18.1% in December 1999, this represents 2.5 points higher than the one observed in December 1998, (15.6%). For the same period, the global participation rate increased from 62.7% to 63.8% due to an increase of 223,894 persons in the economically active population. On the other hand, in 1999, the employment rate grew by 10.927 workers, however, this increase was not enough to cover this period demand.
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 |
18.1 |
|
p: Provisional.
Source: National Administrative Department of statistics (DANE). |
