Colombia will take to the polls to elect a new president in May. These are the leading candidates’ proposals on how they want to lower sky-high unemployment rates.
Gustavo Petro
Leftist presidential candidate and former Bogota mayor Gustavo Petro promises to promote independent independent work, free associative work and entrepreneurship, favoring agribusiness, the construction of public housing and the creation of public banking.
The social democrat says he will work to ensure that the Colombian population will not depend on subsidies so they “can escape the trap of poverty.”
“Driving the country towards an era of peace implies a type of economy that allows the Colombian population to enjoy a good living from the income of their work. The only valid wealth is that born of work; easy money has made our country consumed by corruption and violence,” according to Petro.
The social democrat believes that an essential element of an improving working landscape is the provision of credit so that citizens who have had difficulty borrowing from established institutions do not fall into the clutches of illegal lenders.
Gustavo Petro
The former Bogota mayor also plans to provide assistance to young people so that they can secure employment and get involved in entrepreneurship.
Gustavo Petro
Petro’s plan to increase employment opportunities for the youth of Colombia would also be based upon providing a better quality of education, which he aims to provide for free at third level.
Read Petro’s employment proposals (in Spanish)
Ivan Duque
Right-wing candidate Ivan Duque’s proposals to address unemployment involve alleviating the tax burden on companies, increased austerity and the encouragement of investment in rural areas.
The conservative candidate believes that lowering the taxes of private companies will generate more employment and increase the salaries of workers.
“Colombia needs labor formalization and who formalizes it? the companies, but these are suffocated with so much of a tax burden. We must lower taxes so that they can generate more and better jobs and can increase the salary of workers,” says Duque.
According to DANE, the unemployment rate for people aged 18 to 28 years old stood at 17.7% between December 2017 and February 2018.
Duque believes that addressing the issue of youth unemployment is essential and he aims to achieve this by providing businesses with incentives to hire people in these age brackets.
The Democratic Center candidate wants to implement a bill that facilitates the hiring of young people as practitioners, which would be paid through a bonus figure that would be 100% deductible by companies provided this payroll does not exceed 25%.
Duque’s plan to address youth unemployment would also tie in with his education proposal, which would seek to preserve the technical, technological and academic training model that sees cooperation between both the public and the private sector to provide adequate education opportunities for adults.
He would continue to implement and strenghten the Ser Pilo Paga and SENA programs while attempting to create an “army” of digital and computer technicians to turn Colombia into a hub of digital services.
Read Duque’s employment proposals (in Spanish)
Sergio Fajardo
Former Medellin mayor Sergio Fajardo believes that his plan to address the issue of unemployment has the capacity to create 1.5 million jobs should he be elected as president.
Fajardo outlined an extensive proposal to reform Colombia’s education system and believes that this reform would provide the platform for job creation.
“In terms of employment, we will work hand in hand with our workers – offering them opportunities through quality education – and companies – promoting and accompanying the creation of decent new jobs. The first is to ensure that education is relevant to train workers with the technical skills and cross-cutting skills that are required,” says Fajardo.
The former mayor of Antioquia reiterates that an administration under his leadership “will not be an obstacle, but a partner in business expansion projects that result in more jobs and better jobs.”
Fajardo sees the existing SENA program as “the central institution” of his potential government, which would be supported by the “the insertion of technology in the training processes and in the identification of national and global needs.”
The centrist politician also identifies the need to focus on the employment needs of young people and women in particular, who he claims are “being excluded from the labor market and on the lowest salaries.”
Fajardo believes that a new era of transparency must be brought into the labor market where candidates are judged solely on their capacity to do a particular job.
“With the transparency in hiring and the fight against clientelism we will improve the quality of public employment. Meritocracy will be the rule, not the exception.” he says.
“We will design flexible social security schemes that recognize the particularities of rural households of peasants, indigenous and Afro communities, to increase labor formality in the countryside,” he adds.
Read Fajardo’s employment proposals (in Spanish)
German Vargas
According to presidential candidate German Vargas, his “Better Employment” proposal is one of the cornerstones of his economic and social policy.
German Vargas
Similar to the other candidates, the center-right candidate believes that adequate and efficient education and training are essential in order to get people back into the workforce.
German Vargas
Vargas Lleras proposes that measures be introduced to protect the most vulnerable in Colombia’s labor market so that they are encouraged to seek employment within his restructure.
German Vargas
In addition, the candidate would aim to strengthen the public pension scheme in an effort to eliminate competition between the public and private systems.