Unemployment

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Happy Colombian workers in Bogotá celebrate unemployment rate dropping to 9.2%, lowest since 2001, with graph display and leaders applauding.
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Colombia's February unemployment rate drops to 9.2%

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Dane reported Colombia's February 2026 unemployment rate at 9.2%, the lowest for any February since 2001, with 2.45 million unemployed people. Occupied population rose to 24.09 million, up 624,000 from February 2025. President Gustavo Petro and Labor Minister Antonio Sanguino hailed the figures and defended the minimum wage increase.

Hong Kong's unemployment rate for the December to February period stood at 3.8 per cent, down 0.1 percentage point from the previous three months. Improvements were seen in retail, accommodation services, and foundation and superstructure sectors. Secretary for Labour and Welfare Chris Sun Yuk-han said the economy's growth momentum should support the labour market, though some sectors face challenges.

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Chile's Centro de Estudios Públicos (CEP) assessed Finance Minister Jorge Quiroz's three key goals for the José Antonio Kast administration: 4% growth, 6% unemployment, and fiscal balance by term's end. Researchers Rodrigo Vergara and Jorge Rodríguez call them ambitious yet feasible, citing past achievements.

South Africa's economy is displaying early signs of recovery in early 2026, with inflation cooling to 3.5% and unemployment easing slightly to 31.4%. However, experts caution that the improvements are incremental and the overall foundation remains fragile. Structural challenges, including youth unemployment and sector-specific issues, continue to hinder progress.

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Western Cape Premier Alan Winde has welcomed the latest Statistics South Africa data showing the province's unemployment rate at 18.1%, the lowest in the country. The Quarterly Labour Force Survey, released on February 17, 2026, indicates a 1.5 percentage point decline year-on-year and a five-year low for the region.

Unemployment benefits provide key financial stability during job loss. Knowing the exact monthly amount allows verification of payments and secure financial management. Beneficiaries can access this information via the official administration portal.

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Chile's National Institute of Statistics (INE) reported that the unemployment rate rose to 8.4% in the September-November 2025 quarter, up 0.2 percentage points from the previous year. This figure ends a streak of labor market improvements, with experts voicing concerns over slowing job creation. The rate has remained above 8% for 35 consecutive months.

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