Colombia’s President Ivan Duque issued a second state of emergency on Wednesday and announced subsidies for small businesses to continue paying wages during an ongoing shutdown. The second state of…
Think tank Fedesarollo on Wednesday projected that Colombia’s economy would contract between 2.7% and 7.9%, the worst slump in recorded history, this year. The think tank was even more pessimistic…
Colombia’s unemployment rate that has been increasing since 2015 accelerated and reached 10.5% in 2019, but some experts believe there is light at the end of the tunnel. The hike…
Despite the government having announced multiple measures to curb it, Colombia’s unemployment rate continues to accelerate and reached 9.8% in October. The unemployment statistics are more bad news for President…
Colombia’s government wants public entities to drop job experience demands to lower the country’s 18% youth unemployment rate, according to economic magazine Dinero. According to a decree drafted by the…
Unemployment in Colombia rose 1.6 percentage points to 10.8% in August, the highest level since 2010. The government seems to have no idea how to curb the accelerating trend. According…
Colombia’s government on Monday said it expected to grow exports with more than 50% and create 866,000 jobs in the coming four years. President Ivan Duque and Vice-President Marta Lucia…
The government has no idea why unemployment in Colombia is rising or what to do about it, the country’s controversial finance minister admitted. In a press conference with the central…
President Ivan Duque promised the International Labor Organization (ILO) on Wednesday that he will reverse Colombia’s rising unemployment rate and push it to a record low before leaving office. Speaking…