FX.co ★ Colombia Sees Decrease in Unemployment Rate to 11.3% in March 2024

Colombia's unemployment rate has shown a positive change in March 2024, decreasing from the previous month's rate of 11.7% to 11.3%. The updated data released on April 30, 2024, indicates a slight improvement in the country's job market. This decrease comes after the previous indicator had remained steady at 11.7% in February 2024. While challenges persist, such as economic fluctuations and job market dynamics, this shift in the unemployment rate offers a glimmer of hope for the Colombian workforce. Analysts will be closely monitoring future data to assess the sustainability of this improvement and its implications for the nation's economy.