Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs
In mid-2020, the Government of Colombia launched a labor reform consultation process (Misión de Empleo) in response to a deterioration in pre-Covid19 employment indicators and changing economic and labor market conditions. Based on a comprehensive...
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Washington, DC: World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099030005052221996/P1735570ee75f10a30829a00c8fab980b17 http://hdl.handle.net/10986/37403 |
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okr-10986-374032022-05-07T05:10:33Z Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs Carranza, Eliana Wiseman, William David Eberhard-Ruiz, Andreas Cardenas Martinez, Ana Lucia LABOR FORCE PARTICIPATION LABOR WORK EMPLOYMENT RATE LABOR REFORM LABOUR In mid-2020, the Government of Colombia launched a labor reform consultation process (Misión de Empleo) in response to a deterioration in pre-Covid19 employment indicators and changing economic and labor market conditions. Based on a comprehensive review of Colombia’s labor market performance for the 2009-2019 period, this report seeks to provide analytical underpinnings to this process. At the macro level, the report shows that employment in Colombia is insufficiently diversified relying almost exclusively on job creation in the services sectors. This exposes the labor market to cyclical changes in internal demand that are typical for commodity rich economies like Colombia. At the worker level, the report shows that the economy generates too few formal employment opportunities for those with fewer skills and those living in rural areas, implying low earnings, high rates of self-employment, and high levels of informality. At the firm level, the reports shows that the labor regulatory regime has contributed to strong increases in labor costs with important effects on entry and exit dynamics of firms contributing to a compositional shift towards larger, more capitalized, and more skill-intensive firms. 2022-05-06T13:50:29Z 2022-05-06T13:50:29Z 2022-05-05 Report http://documents.worldbank.org/curated/en/099030005052221996/P1735570ee75f10a30829a00c8fab980b17 http://hdl.handle.net/10986/37403 English Jobs Series;30 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Report Publications & Research Latin America & Caribbean Colombia |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
LABOR FORCE PARTICIPATION LABOR WORK EMPLOYMENT RATE LABOR REFORM LABOUR |
| spellingShingle |
LABOR FORCE PARTICIPATION LABOR WORK EMPLOYMENT RATE LABOR REFORM LABOUR Carranza, Eliana Wiseman, William David Eberhard-Ruiz, Andreas Cardenas Martinez, Ana Lucia Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs |
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Latin America & Caribbean Colombia |
| relation |
Jobs Series;30 |
| description |
In mid-2020, the Government of
Colombia launched a labor reform consultation process
(Misión de Empleo) in response to a deterioration in
pre-Covid19 employment indicators and changing economic and
labor market conditions. Based on a comprehensive review of
Colombia’s labor market performance for the 2009-2019
period, this report seeks to provide analytical
underpinnings to this process. At the macro level, the
report shows that employment in Colombia is insufficiently
diversified relying almost exclusively on job creation in
the services sectors. This exposes the labor market to
cyclical changes in internal demand that are typical for
commodity rich economies like Colombia. At the worker level,
the report shows that the economy generates too few formal
employment opportunities for those with fewer skills and
those living in rural areas, implying low earnings, high
rates of self-employment, and high levels of informality. At
the firm level, the reports shows that the labor regulatory
regime has contributed to strong increases in labor costs
with important effects on entry and exit dynamics of firms
contributing to a compositional shift towards larger, more
capitalized, and more skill-intensive firms. |
| format |
Report |
| author |
Carranza, Eliana Wiseman, William David Eberhard-Ruiz, Andreas Cardenas Martinez, Ana Lucia |
| author_facet |
Carranza, Eliana Wiseman, William David Eberhard-Ruiz, Andreas Cardenas Martinez, Ana Lucia |
| author_sort |
Carranza, Eliana |
| title |
Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs |
| title_short |
Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs |
| title_full |
Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs |
| title_fullStr |
Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs |
| title_full_unstemmed |
Colombia Jobs Diagnostic : Structural Challenges for the Creation of More and Better Jobs |
| title_sort |
colombia jobs diagnostic : structural challenges for the creation of more and better jobs |
| publisher |
Washington, DC: World Bank |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/099030005052221996/P1735570ee75f10a30829a00c8fab980b17 http://hdl.handle.net/10986/37403 |
| _version_ |
1764487107989995520 |