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

Portafolio Journalist 04.30.2026 16:37 Updated: 04.30.2026 16:37

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.