Unemployment is high this year, DANE

On 2009/12/01, in Economy, by Albeiro Rodas

desempleo_colombiaThe Administrative Department of Statistics of Colombia, DANE (its acronym in Spanish) reported that unemployment is higher this year.

In the period August – October 2008 the national rate of unemployment was 10.8%.

This year to the same period it is 11.8%.

The global financial crisis produced its effects in the Colombian economy especially in the deterioration of the main sources of employment like industry and commerce.

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