Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Colombia
COLLFUNTTTTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,311,130.00
Year-over-Year Change
-10.99%
Date Range
1/1/2007 - 5/1/2025
Summary
This economic trend measures the total unemployment rate for individuals aged 15 and over in Colombia. It provides key insights into the health and dynamics of the Colombian labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Colombia is a crucial indicator used by economists and policymakers to analyze employment conditions and trends in the country. It offers a timely, detailed view of labor force participation and joblessness.
Methodology
The data is collected through household surveys by the Colombian National Administrative Department of Statistics (DANE).
Historical Context
This unemployment statistic informs economic and social policy decisions in Colombia.
Key Facts
- Colombia's unemployment rate was 11.2% as of 2022.
- Unemployment disproportionately affects younger Colombians.
- The COVID-19 pandemic significantly increased unemployment in Colombia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate for individuals aged 15 and over in Colombia, providing key insights into the country's labor market.
Q: Why is this trend relevant for users or analysts?
A: This unemployment statistic is crucial for economists and policymakers to assess the health of the Colombian labor force and inform economic and social policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the Colombian National Administrative Department of Statistics (DANE).
Q: How is this trend used in economic policy?
A: This unemployment indicator informs economic and social policy decisions in Colombia, as it provides a timely, detailed view of labor force participation and joblessness.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, providing a more frequent and timely view of labor market conditions compared to annual statistics.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Colombia (COLLFUNTTTTSTSAM), retrieved from FRED.