Colombia unemployment falls to lowest level since 2000
Colombia’s August unemployment levels fell to their lowest since 2000, said government statistics agency DANE on Tuesday.
Colombia’s August unemployment levels fell to their lowest since 2000, said government statistics agency DANE on Tuesday.
Colombian statistics agency DANE released data showing increasingly lower unemployment, fueled by an increase in jobs in the energy sector.
During a “Good Governance” workshop Monday, Colombia’s Finance Minister announced President Juan Manuel Santos’s targets in investment, poverty reduction, and unemployment to achieve a “more equal country” during his second term.
The Central Bank of Colombia has raised the lending rate to 4.25% in order to withdraw the monetary stimulus of the boosting economy, according to a report by Bloomberg.
Colombia’s unemployment rate in the second trimester of 2012 is slightly lower than the same period in 2013, according to Colombia’s authority on statistics.
Colombia’s unemployment rate decreased 0.6% in May to the lowest rate seen in 14 years, according to figures from Colombia’s national statistics agency.
Unemployment in April has dropped to 9%, 1.2 percentage points less than in the same month last year and the lowest rate in 14 years, Colombia’s statistics agency announced Friday.
Unemployment decreased by 1.1% in February compared to the same month last year, said the governmental statistics agency on Monday.
Cerrejon Mining announced Monday that 200 workers will soon see their employment terminated as the company temporarily lowers operating rates.