Blog BanRep | Demographic Change and Unemployment Rate
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This blog post explains the importance of demographic change to understand long-term labor market dynamics. The analysis highlights the importance of understanding the impact of demographic change and education across all areas of the economy.
Publication Date:
Tuesday, 07 de July de 2026
14:30
The performance of a key variable as the unemployment rate (UR) over time reflects long-term trends and cyclical factors as well as specific episodes. The special section of the most recent Labor Market Report published by Banco de la República (the Central Bank of Colombia) analyzes this performance from a long-term perspective and emphasizes the impact that demographic change has had on the observed decline in the UR, using a period of slightly more than a decade as a reference.
