Labor Mysteries

TL;DR

Corficolombiana notes a mismatch between low economic growth and high employment growth in Colombia.
Despite a 23% minimum wage increase in 2026, formal employment in private companies grew by 2.5% in January.
Formal employment increased more in microenterprises (+10.9%) than large companies (+1.5%), and informal employment decreased.
February data shows a rebound in employed persons and a further decrease in informality.
January data revealed a notable drop in young men's employment (-123k) nearly matched by an increase in young women's employment (+125k).
Previous data from August 2025 showed the opposite trend for male and female employment.
Demographic data also shows unexpected fluctuations, such as a decrease in the male population over 65 in August 2025, contrary to long-term trends.

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