Unemployment
Colombia's unemployment rate reaches lowest since 2001
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Colombia's National Administrative Department of Statistics (DANE) reported that the unemployment rate for 2025 was 8.9%, the lowest since 2001. This figure marks a 1.3 percentage point decrease from 2024. In December 2025, the rate fell to 8%, with employed population rising by 603,000 people.
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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South Africa's gambling industry has grown rapidly, with turnover reaching R1.5 trillion in the 2024/25 financial year, despite high unemployment and financial strain on households. This expansion, driven largely by online betting, reflects coping mechanisms rather than economic confidence. Problem gambling rates have risen sharply, straining mental health services.
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.
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The National Administrative Department of Statistics (Dane) reported that the national unemployment rate for the July-September 2025 quarter fell to 8.3%, but in Neiva it rose to 9.4%. This Opita city is the only exception among major cities where the indicator increased for the fourth consecutive quarter. Nationally, September recorded 8.2%, the lowest level since 2001.