Publication:
Colombia Jobs Diagnostic: Structural Challenges for the Creation of More and Better Jobs

dc.contributor.authorCarranza, Eliana
dc.contributor.authorWiseman, William David
dc.contributor.authorEberhard-Ruiz, Andreas
dc.contributor.authorCardenas Martinez, Ana Lucia
dc.date.accessioned2022-05-06T13:50:29Z
dc.date.available2022-05-06T13:50:29Z
dc.date.issued2022-05-05
dc.description.abstractIn 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.en
dc.description.abstractIn 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.es
dc.identifierhttp://documents.worldbank.org/curated/en/099030005052221996/P1735570ee75f10a30829a00c8fab980b17
dc.identifier.urihttps://hdl.handle.net/10986/37403
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesJobs Series;30
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR
dc.subjectWORK
dc.subjectEMPLOYMENT RATE
dc.subjectLABOR REFORM
dc.subjectLABOUR
dc.titleColombia Jobs Diagnosticen
dc.titleColombia Diagnóstico de Empleoes
dc.title.subtitleStructural Challenges for the Creation of More and Better Jobsen
dc.title.subtitleDesafíos estructurales para la creación de nuevos, mejores y más inclusivos empleoses
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2022-05-06
okr.date.lastmodified2022-05-06T00:00:00Zen
okr.date.lastmodified2022-05-06T00:00:00Zes
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099030005052221996/P1735570ee75f10a30829a00c8fab980b17
okr.guid099030005052221996
okr.identifier.externaldocumentum33811353
okr.identifier.internaldocumentum33811353
okr.identifier.report166955
okr.importedtrueen
okr.language.supporteden
okr.language.supportedes
okr.pdfurlhttp://documents.worldbank.org/curated/en/099030005052221996/pdf/P1735570ee75f10a30829a00c8fab980b17.pdfen
okr.pdfurlhttp://documents.worldbank.org/curated/en/099030005052221996/pdf/P1735570ee75f10a30829a00c8fab980b17.pdfes
okr.region.administrativeLatin America & Caribbean
okr.region.countryColombia
okr.topicLaw and Development::Labor & Employment Law
okr.topicSocial Protections and Labor
okr.topicSocial Protections and Labor::Skills Development and Labor Force Training
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.txturlhttp://documents.worldbank.org/curated/en/099030005052221996/text/P1735570ee75f10a30829a00c8fab980b17.txtes
okr.unitJOBS- CCSA - IBRD (HSPJB)
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