Unemployment January 2021 | National unemployment rate in January 2021 was 17.3 percent – Sectors – Economy



[ad_1]


In January of this year, the unemployment rate in the country, according to the labor market report presented by the National Department of Statistics (Dane) this Friday, was located by 17.3 percent.

(You may be interested in: If your income fell due to the pandemic, you can withdraw your unemployment benefits)

This percentage in January 2020 was 13 percent. In December reached 13.4 percent.

The seasonally adjusted unemployment rate, on the other hand, was 14.8 percent; in December of last year it was 14.4 percent.

In total, between January 2020 and January 2021, the employed population had a decrease of 1,577,000 people: it went from 21,545,000 to 19,968,000, a statistically significant reduction of -7.3 percent.

In the same period of time, the number of unemployed went from 3.2 million to 4.2 million (29.6 percent more), “In other words, 951,000 people went unemployed in that period of time,” said the director of Dane, Juan Daniel Oviedo.

Eighty percent of that unemployed population comes from the 13 main cities of the country, where 753,000 people fell into unemployment.

The inactive population (that is, out of the workforce) also grew, going from 14.9 million in January 2020 to 16 million last January. It is worth noting that of the 1.1 million most registered inactive compared to January 2020, 732,000 are women who started to dedicate themselves to housework (a statistically significant variation).

In the 13 main cities of the country and their metropolitan areas, this population rose from 6’380,000 people (January 2020) to 6’878,000 people (January 2021), that is, 498,000 more people, thus contributing 3.4 percentage points to the national variation.

According to the report, in January the labor gender gap widened even more, particularly in the age range of 25 to 54 years of age: “We found that in January 2021 For every two men who left the occupation, three women lost their jobs. But in this segment, for every man who left the occupation, four women came out, “explained the director of Dane.

Manufacturing industries, arts and entertainment, and accommodation and food services accounted for two-thirds of all the contraction in the employed population last month.

Of these three, the manufacturing industries presented the highest reduction in employed persons last month, with -404,000 people, with which this economic activity contributed -1.9 percentage points to the national variation.

On the other hand, in terms of trade and repair of vehicles, the number of employed increased by 44,000 people, thus contributing 0.2 percentage points to the variation.

Cities with more and less unemployment:

The cities that recorded the higher unemployment rates, in the November 2020 – January 2021 quarter were:

1. Quibdó: 21.5 percent (overall participation rate: 50.6 percent; employment rate: 39.7 percent; target underemployment rate: 4.3 percent).

2. Neiva: 21 percent (overall participation rate: 58.5 percent; employment rate: 46.2 percent; target underemployment rate: 8.0 percent).

3. Ibagué: 20.9 percent (overall participation rate: 57.8 percent; employment rate 45.7 percent; target underemployment rate: 7.0 percent).

In contrast, cities with the lowest unemployment rates were:

1. Cartagena: 11.3 percent (overall participation rate: 56.1 percent; employment rate: 49.7 percent; target underemployment rate: 11.1 percent).

2. Barranquilla AM: 12.5 percent (global participation rate: 60.6 percent; employment rate: 53.1 percent; target underemployment rate: 15.2 percent).

3. Pasture: 14.5 percent (overall participation rate: 64.8 percent; employment rate: 55.4 percent; target underemployment rate: 11.6 percent).

ECONOMY AND BUSINESS

[ad_2]