The National Association of Financial Institutions (Anif) delivered a new study on the behavior of the labor market in Colombia last year. According to the association’s calculations, the accumulated lost labor income, between March and November, amounts to $ 8.5 billion; that is, about 2.8% of the Gross Domestic Product (GDP). According to the report, and based on the closure of operations due to coronavirus restrictions, the unemployment rate would close 2020 between 15.5% and 16%.
Colombia Económica aims to promote responsible cross-border trade & investment by facilitating the transparent flow of information to and from Colombia.
