Issue link: https://read.uberflip.com/i/1505080
Talent Solutions - Latin America QMR Q2 2023 | 46 Colombia ▪ 17% of the Labor Force is 55 years+ ▪ Retirement age ▪ Men 62 years ▪ Women 57 years ▪ Compared with Q1 2019, the number of Labor force participants has increased in all age groups with the 55-64 year old age group experiencing the largest growth at 12%. Latest Available Data Q2 2023 Total Labor Force (000s) 25,474 Employed Workers (000s) 22,748 Unemployed Workers (000s) 2,726 Unemployment Rate 10.7% Workforce Statistics Age Profile of Labor Force Labor Force Participation Rates by Age and Sex Number of Participants in Labor Force By Age (000s) Distribution of Status in Employment Duration of Unemployment – 25 years+ ▪ 30% of the Unemployed Population has been unemployed for less than 3 months. ▪ 27% of the Unemployed Population has been unemployed for more than 2 years. ILOSTAT https://www.dane.gov.co/