Promoting the employability of young people is one of the biggest challenges today
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January 14, 2022 – 08 :30 pm m.
2022-01-14
2022-01-14
Among the difficulties that the labor market in the pandemic is boosting the employability of young people as one of the oldest challenges.
According to the latest Dane figures , in the quarter between the months of September and November 2021 the situation improved for people between the ages of 14 and 28 looking for work, as the youth unemployment rate stood at 18, 8%, registering a decrease of 3.6 percentage points compared to the moving quarter September – November 2020, when it was at 22.4%.
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This digit , is also the lowest of the historical records that the statistical entity has for the two years of the pandemic, 2020 and 2021, and in the total youth population it was recorded that there were 1.29 million young people working in the country, 1 ,23 unemployed, and 5.5 million inactive, which means that they are not looking for a job, but they are not working either.
During the moving quarter September – November 2021, the branch of economic activity that concentrated the largest number of employed youth was commerce and vehicle repair, with 21.1% of young people working in the country, around 1.17 million, followed by agriculture, livestock, hunting, forestry and fishing (16.7%) and manufacturing industries (11.5%).
Regarding the occupancy rate for the total number of people between 14 and 28 years of age in the reference period, it was 45.1%, presenting an increase of 1.5 percentage points compared to the moving quarter between September and November 2020 (43.6%).
According to Juan Carlos Guataquí, professor at the Javeriana University, “it is possible that young people are obtaining employment, but let it be lower quality, with greater informality or lower income. It is an exchange relationship between quality and quantity”, he assured.
(Also read: Get a job in the technology and call center sectors).
He also indicated that the reduction in unemployment results
According to the Dane According to their occupational position, the majority of young people are employed as workers or private employees (50.4%) or self-employed (36.9%), while 1.7% are domestic employees, 4.2% day laborers or pawns, and 5.1% as an unpaid worker.
the gap was reduced of gender in the unemployment rate
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GENDER GAP
El Dane highlighted that in the quarter of reference the gender gap was reduced both in occupation and in the unemployment rate, but despite this, differences persist in the youth labor market.
“ Regarding the employment rates of young men and women, it is noteworthy that in the moving quarter September – November 2021, the employment rate (OR) of men (54.5%) was higher than the ER of women (35 .5%) by 19.0 percentage points”, indicated Dane in its bulletin on the youth labor market.
Compared to the moving quarter September – November 2020, this difference decreased by 1.5 percentage points. Meanwhile, the unemployment rate (UR) for men (14.1%) was lower than the UR for women (25.3%) by 11.2 percentage points. And according to Dane, this difference decreased 4.2 percentage points compared to the moving quarter September – November 2020.
( Also read: Informality rate does not drop in the 13 main cities of the country).
By gender, the informality rate for male workers was 47.30%, while for women it was in 49.3% for the reference period.
In the 13 cities and metropolitan areas, the proportion of men employed who were informal was 45.8% and that of women was 48.3%.
In the case of men, there was a decrease of 1.9 percentage points compared to the same quarter of 2020, when informality in the 13 largest capitals for them was 47.7%, while in 2020 the informality rate of women in the same period it was 47.8% in these geographic domains, so in 2021 the indicator was reduced by 0.5 percentage points.
FIGURES OF THE LABOR MARKET IN THE COUNTRY
25.3% Is the unemployment rate for young women.48.2% The national informality rate that Colombia.
19 Points, the gender gap in young people.
1.23 Million of young people are unemployed in the country.
PORTFOLIO
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