He Danny presented this Thursday the labor market report for the month of september in the main cities of the country. For the ninth month of the year, The unemployment rate was 9.1%, that is, a decrease of 0.1 percentage points (pp) compared to the same month in 2023..
According to the statistical entity, For the period of September 2024, a decrease in the global participation rate (TGP) of 0.7 pp was observed going from 64.2% to 63.4%, as well as a decrease of 0.6 pp in the occupancy rate (TO)when it stood at 57.5%, while for September of last year it was 58.3%.
(You can read: Job creation in the US plummets in October, four days before the elections).
It should be explained that the global participation rate is an indicator that shows the percentage relationship between the economically active population (EAP) and the population in ea of work (PET).
Unemployment
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The cities with the highest unemployment in September
The Dane announced that in the 13 cities and metropolitan areas, the unemployment rate had a decrease, going from 9.6% in September of the current year to 9.2% in September of last year.
(We recommend: More than 100 service stations in Cúcuta are at risk of closure due to regulatory inequity).
In the case of the employed population, an increase of 0.5% was observed in the national total and in the 13 cities and metropolitan areas there was a variation of 1.2% and with a contribution of 0.6 pp
In ten cities of the country there was a downward variation of -1.8%, with a contribution of -0.1 pp. In the same way, for other regional capitals, where the variation was -1.5% and its contribution was -0.4 pp. Regarding the geographical domains, in 10 cities there was a decline of 16,000 employed men, presenting a variation statistically significant -2.6%.
Outside Europe, unemployment rates remained stable or increased in March 2024.
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The unemployed population at the national level saw a decline of 22,000 people in September 2024, compared to the same month in 2023, without significant variations. The decrease occurred in populated and dispersed rural centers, with a percentage variation of -17.3%; in 13 cities and metropolitan areas with -4.3% and the national total of -1.0%.
(Further: ‘There are no incentives to reverse the situation of informality’: Bruce Mac Master).
In contrast, political percentage variations were observed in other capitals of 13.4% and 10 cities (Tunja, Florencia, Popayán, Valledupar, Quibdó, Neiva, Riohacha, Santa Marta, Armenia and Sincelejo) of 1.3%.
Therefore, in the moving year October 2023 – September 2024, the three cities that had the highest unemployment rates were: were: Arauca (31.4%), Mocoa (27.0%) and Quibdo (26.7%). Meanwhile, the cities that showed the lowest unemployment rates were: Leticia (3.3%), Mitú (7.6%) and Inírida (8.1%).
PORTFOLIO
*With information from EL TIEMPO – LATEST NEWS
