MarketsNotableReportedDeveloping
5.2
Colombia unemployment drops to 8.1% in July; August data due
La RepúblicaLO·CO·3 days ago
Colombia's unemployment rate rose to 9.4% in August, with over 207,000 additional unemployed, while participation fell to 63.3% and employment to 57.4% (down 1.1%). The data signals a weakening labor market, likely pressuring growth and potentially influencing monetary policy. Uncertainty remains over whether this marks a trend or a one-off seasonal dip.