Unemployment Repercussions on the Colombian Productive Structure

Unemployment Repercussions on the Colombian Productive Structure

Colombia and the world are experiencing a considerable painful labor situation, caused by the COVID-19 pandemic. According to preliminary calculations made by international organizations such as the World Bank and the Economic Commission for Latin America (ECLAC), and national organizations such as...

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Bibliographic Details
Main Author: Vallejo Zamudio, Luis E.
Format: Online
Language:spa
eng
Published: Universidad Pedagógica y Tecnológica de Colombia 2021
Subjects:
unemployement
covid-19;
informality;
economic crisis;
minimum wage;
desempleo;
covid-19
informalidad;
crisis económica;
salario mínimo;
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/12637
Description
Summary:Colombia and the world are experiencing a considerable painful labor situation, caused by the COVID-19 pandemic. According to preliminary calculations made by international organizations such as the World Bank and the Economic Commission for Latin America (ECLAC), and national organizations such as the Colombian Department of Statistics (DANE, by its acronym in Spanish), the loss of jobs in relation to the world economy in the first semester of 2020 was 400 million, while for the Colombian economy in the second quarter of the same year it was approximately five million.