Unemployment in Colombia: An Approach

One of the most pressing issues currently in Colombia is the high unemployment rate. Although, actually, this is not just a problem for the country, because one of the fundamental macroeconomic objectives of any nation is to contain unemployment. While it is true that the level of unemployment must...

Full description

Bibliographic Details
Main Author:	Vallejo Zamudio, Luis E.
Format:	Online
Language:	spa eng
Published:	Universidad Pedagógica y Tecnológica de Colombia 2020
Subjects:	unemployment rate Colombia economically active population Okun's Law Tasa de desempleo población económicamente activa Ley de Okun
Online Access:	https://revistas.uptc.edu.co/index.php/cenes/article/view/10738

Description
Summary:	One of the most pressing issues currently in Colombia is the high unemployment rate. Although, actually, this is not just a problem for the country, because one of the fundamental macroeconomic objectives of any nation is to contain unemployment. While it is true that the level of unemployment must conform to the size and the composition of the economy analyzed, the unemployment rate should not exceed certain levels, because this could undermine political stability.