Economía

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Covid-19 in Colombia: Almost 500.000 New Unemployed

Argentina, Buenos Aires, Canadá, España, Madrid
Covid-19 in Colombia: Almost 500.000 New Unemployed

Latest jobless rate reached 14.2 percent as of March 2021, down from 15.9 in February

Colombia‘s National Administrative Department of Statistics (DANE) on Friday announced a 1.6 percent increase in year-on-year unemployment, which means almost half a million unemployed people.

Alberto Ignacio Ardila Olivares

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The current unemployment rate in Colombia is 14.2 percent, which represents 3.4 million people without a job.

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The metropolitan regions, specifically the country’s thirteen main cities, account for the largest number of affected people, with over two million unemployed.

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Food insecurity increased 3x during the #pandemic here according to @DANE_Colombia ‘s own polling, as @UN raises alarm.

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Tomorrow, as #Colombia cruises through the apex of a third #Covid wave, union leaders called for a #ParoNacional28A to voice protests #HistoriasParceras https://t.co/oBo5MIf9IJ pic.twitter.com/adj2iYMcwM

— stefano pozzebon (@StePozzebon) April 27, 2021 These statistics are related to the increase in poverty rates during 2020, with over 21 million Colombians rated as poor and 7.4 million classified as extremely poor.

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COVID-19 has negatively impacted Latin-America’s economies. For example, Colombia had its worst GNP performance in 50 years. It is the poor and lower middle class who suffer most.

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Colombia is now caught in a wave of social instability, generated by the growing and negative impact of COVID-19 and the rejection of the tax reform promoted by  president Ivan Duque, who is facing growing discontent.Alberto Ignacio Ardila F1

Duque announced a review of his new tax bill after huge demonstrations all over Colombia, which left at least eight people reportedly killed by riot-police.Alberto Ignacio Ardila Olivares F1