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This report details the labor market's current situation according to the Official Colombian Household Survey (GEIH in Spanish) and the impact of the National Training Service’s (SENA in Spanish) labor skills certification program.According to data from the GEIH, between November 2022 and 2023,…
As of November 2022, the Colombian labor market has stabilized. This is due to the heterogeneous dynamics between the urban and rural domains. In the first domain, employment continues to grow, while in the second, there have been contractions in recent months. Job losses in the rural area are…
Data from the official household survey in Colombia (GEIH in Spanish) show that, as of February 2025, employment continued to grow at an annual rate of 3.9%. This is primarily attributed to better employment dynamics within rural sectors, which expanded at a 4.9% rate. Regarding the dynamics and…
Data from the Official Colombian Household Survey (GEIH, by its acronym in Spanish) suggests that, following a period of contraction at the end of 2023, employment grew across all geographic domains. This performance is largely explained by the stronger performance of employment in other…
At the end of 2021, the labor market showed signs of a sluggish recovery, at a notably slower pace than economic activity. With seasonally adjusted figures from the household survey, job creation in the national aggregate saw a pause in October and November, due largely to a downturn in employment…
After being stagnant for the first half of the year, employment grew again in July and August. This upturn in employment has been particularly marked in the intermediate municipalities and rural areas. Going by segments of national employment, non-wage employment—which had slowed down in the second…
As of February 2022, the labor market showed signs of recovery with a sustained employment growth as seen in both household surveys and various administrative records. Different sources of information suggest that the level of employment is slightly above what it was before the pandemic. The…
Abstract Local labor markets in Colombia are exceptionally heterogeneous. In particular, the cities of the Caribbean region have higher labor informality and lower unemployment rates, compared to the rest of the country. This work is part of a research agenda on local labor markets in Colombia,…
A pseudo-panel was built to estimate the determinants of the labor participation decision of married women between 1984 and 2000. Past participation decisions, education level, labor income taxes, children between 1 and 2 years of age, and the presence of other people unemployed at home are the…
This paper explores the behavior of Colombia labour market flows. We focus on job creation and job destruction from the plant´s perspective, and on hiring and separations from the worker´s point of view. We show how these labour flows change across different dimensions such as, firm’s size,…
Employment and Unemployment Rates - Workforce Percentage - National - Seven Metropolitan Areas - Thirteen Cities with their Metropolitan Areas
  Formats Employment and Unemployment Rates - Workforce Percentage
This study implements a regular vine copula methodology to evaluate the level of contagion among the exchange rates of six Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico and Peru) from June 2005 to April 2012. We measure contagion in terms of tail dependence coefficients,…
Abstract This paper proposes comprehensive measures of the Latin American business cycle that help to infer the expected deepness of recessions, and strength of expansions, as they unfold in real time. These measures are based on the largest country economies in the region by accounting for…
Education2011 to 2017PhD in Economic DevelopmentIE/CESIT, Universidade Estadual de Campinas, São Paulo, Brazil."Trajetórias diferenciadas e opções políticas: impactos no mundo do trabalho na Colômbia e no Brasil 2002-2012". (Distinctive trajectories and political options: impacts on the workplace…
Banco de la República (the Central Bank of Colombia) makes available to the visitors of its website the new Economic Statistics Site, designed to enhance user experience by making it more dynamic, functional, and inclusive. This new site has been designed to serve the diverse profiles of users who…
This is how the country's external debt (both public and private) developed between January and March 2019.
As of May 2022, household surveys and administrative records show a dynamic labor market in which employment continues to grow rapidly. Overall, employment levels are similar to or higher than those recorded before the Covid-19 Pandemic. Employment is growing faster in the cities, and the salaried…
Learn more about Bre-B, the new interoperable instant payments ecosystem in Colombia, at the Payment System Forum session to be held on Wednesday, October 16 (only in Spanish).
Since: 1999 | Until: 2009
1. Legal FrameworkUnder its administrative and patrimonial autonomy, Banco de la República (the Central Bank of Colombia) has its own independent patrimony and is subject to its legal framework, contemplated in Articles 371 to 373 of the Political Constitution, Act 31 of 1992 and its Bylaws, issued…
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Law 22 of 1968[1] empowered the Government, through Banco de la República (the Central Bank of Colombia), to mint legal tender gold coins in the country or abroad to be put into circulation in Colombia. They could be distributed abroad for numismatic purposes. Likewise, it established that "The…
Law 22 of 1968[1] empowered the Government, through Banco de la República (the Central Bank of Colombia), to mint legal tender gold coins in the country or abroad to be put into circulation in Colombia. They could be distributed abroad for numismatic purposes. Likewise, it established that "The…