Informality
Colombia's unemployment rate falls to 8.2% in October 2025
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Dane reported that Colombia's unemployment rate in October 2025 was 8.2%, the lowest for an October since 2017, with 2.1 million people unemployed. This marks a drop of 0.9 percentage points from October 2024. However, Andi warned about the rise in labor informality amid job creation.
In December 2025, Colombia created 603,000 new jobs, lowering the unemployment rate to 8.0%, a drop of 1.1 percentage points from 2024. Yet, 55.5% of workers, or about 13.45 million people, remain in informal employment. Experts note progress but warn of ongoing structural challenges in the labor market.
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A University of Buenos Aires report reveals that nearly 70% of young people aged 16 to 24 work informally in Argentina. Factors such as lack of education and poverty drive this situation, which particularly affects young men. Meanwhile, the overall unemployment rate fell to 6.6% in the third quarter of 2025.