FX.co ★ Colombia's Unemployment Rate Drops Below 10% for the First Time in Over a Year

In a promising sign for Colombia's economy, the unemployment rate fell below 10% for the first time in over a year, according to data updated on April 30, 2025. The latest figures show that unemployment in Colombia reached 9.6% in March, a significant decline from February's 10.3%.

This positive trend reflects the ongoing efforts and policies implemented to boost job creation and economic stability amidst global economic challenges. The significant drop in unemployment has been eagerly anticipated, signaling potential new opportunities for Colombian job seekers and economic resilience.

Economists are cautiously optimistic, noting that this decrease marks a pivotal transition as Colombia seeks to solidify economic growth and recovery. Continuous monitoring and commitment to sustainable strategies will be essential in maintaining this momentum and ensuring long-term improvements in the labor market.