Colombia national unemployment rate 14.7% in October, urban rate 16.8%

Colombia’s urban jobless rate rose to 16.8% in October, from 10.4% in the same month of 2019, the government statistics agency said. The national unemployment rate was 14.7%, up from 9.8% YoY, and a drop of 1.1 percentage points from September 2020, the lowest since the coronavirus pandemic began, which raised it to record levels. Nearly 70% of the workforce is in large cities.

Source: Reuters

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