Labor Market in Colombia: This Was the Unemployment Figure in February 2026
Labor Market in Colombia: This Was the Unemployment Figure in February 2026
TL;DR
- Unemployment rate in February 2026 was 10.3%, down 1.1 pp from February 2025.
- This marks 17 consecutive months of decreasing unemployment.
- The number of employed individuals rose to 22.6 million, an increase of 941,000.
- The informality rate decreased to 57.3%, down 1.1 pp.
- Unemployment for women was 12.8%, and for men was 8.7%.
- Youth (14-28 years) unemployment rate was 18.7%, down 2.3 pp.
- Key sectors driving job creation were commerce, hotels, and restaurants, followed by social and health services.
- Commerce, hotels, and restaurants, along with construction, contributed most to unemployment reduction.
- The downward trend in youth unemployment is attributed to economic recovery and government policies.