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    February 5, 2025

    Colombia | Resilient labor market in 2024, with employment rebounding at year-end

    The average national unemployment rate for 2024 was 10.2%, unchanged from 2023. In major cities, the unemployment rate declined between 2023 and 2024, whereas it increased in the rest of areas. Throughout 2024, the seasonally adjusted unemployment rate trended downward, closing at 9.7% in December.