Universidad de Antioquia study reveals differences in DANE labor data

A study led by Universidad de Antioquia found discrepancies between DANE formality figures and UGPP records. The analysis revived debate on methodologies to measure employment in Colombia.

The report, titled '¿Tenemos más o menos formalidad laboral?', noted that social security affiliations reported by UGPP fell 1.35% through February 2026. In contrast, DANE indicated informality stood around 55% after exceeding 56.5%.

Researchers led by Edwin Torres Gómez pointed out that 2.6% economic growth in 2025 contrasts with unemployment dropping from 11.6% to 8%. Torres cited Okun's law to question data consistency.

DANE responded that differences stem from distinct methodologies, not inconsistencies. The agency explained it follows International Labour Organization guidelines and accounts for independent workers without commercial registration.

ANDI president Bruce Mac Master had noted in March that UGPP cotizantes in December 2025 totaled 13.35 million, versus 11.4 million reported by DANE. UGPP clarified its data are not directly equivalent to formality figures.

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Illustration of joyful diverse Colombian workers celebrating the unemployment rate drop to 8.8%, featuring job signs, graphs, and national flag.
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Colombia's unemployment rate drops to 8.8% in March 2026

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The Departamento Administrativo Nacional de Estadística (DANE) reported that Colombia's unemployment rate fell to 8.8% in March 2026—the lowest for any March since 2001, continuing the downward trend from 10.9% in January and 9.2% in February—with 2.34 million people unemployed (down 174,000). This marks a 0.8 percentage point drop from 9.6% in March 2025. The employed population grew by 650,000 (2.7%), while the January-March quarter rate stood at 9.6%. Neiva ranked among cities with the lowest unemployment.

DANE director Piedad Urdinola clarified discrepancies between her agency's employment figures and those from Ugpp, citing different sources and methodologies. This follows criticism from Andi, which claims half a million formal jobs lost since 2023. DANE measures the labor market through direct surveys, while Andi relies on social security contributors.

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Grupo Cibest warned of high labor informality and vulnerable self-employment in Colombia, despite job creation recovery. Dane data showed an unemployment rate of 8.8% in March. The report highlights challenges including 55.6% informality and wage growth without productivity gains.

The Mexican Social Security Institute reported a monthly drop of 29,922 formal jobs in May 2026.

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The National Survey of Occupation and Employment (ENOE) reported that in March 2026, the employed population reached 60.2 million people, up 422,000 from a year earlier. The unemployment rate fell to 2.4 percent and underemployment to 6.7 percent, though labor informality held steady at 54.8 percent.

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