Colombia’s Job Market Defies Expectations: Unemployment Hits 9-Year Low

Colombia’s labor market delivered a surprise in November 2024, with unemployment dropping to 8.2%, its lowest level since 2015. This unexpected improvement challenges economic forecasts and signals potential shifts in the country’s economic landscape. The National Administrative Department of Statistics (DANE) reported a significant decrease from the 9% unemployment rate in November 2023. This 0.8 […]