Unemployment in May: Unions Say Barriers to Leaving Informality Persist in Colombia

TL;DR

Colombia's unemployment rate reached 8.8% in March, the lowest since 2001.
This represents an increase of about 650,000 employed people compared to March of the previous year.
Concerns exist that the productive base is not strengthening, with job growth in services and administration but a decline in agriculture and industry.
The gender gap in employment persists, with women facing a 3.9-point difference compared to men.
Business associations highlight barriers to formal employment and worry about the influence of state contractors, especially during an electoral period.
The government defends the increase in the minimum wage, stating it has not negatively impacted employment or informality.

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