Colombia’s economic activity fails to generate jobs: UN
Colombia’s economic activity fails to generate jobs: UN
Nov 17, 2014 posted by Joel Gillin
Colombia’s economy depends heavily on mining, hydrocarbons, and ranching, producing little employment and benefiting few, the United Nations Industrial Development Organization reportedly said.
Johannes Dobinger, who represents the Andean region for the UN organization, added that these activities also have a large environmental impact and do little to increase the economic productivity of the country.
“The agro-mining model has the the great disadvantage of keeping economic productivity low. What we have to do is seek alternatives that increase these levels and remove the [economic] lag that exists in Colombia,” Dobinger was quoted as saying by Caracol Radio.
Almost half of Colombia’s working population (49.2%) is informally employed, working off the books and with little to no government or industry oversight. Bringing this huge amount of economic activity under the auspices of formal industry standards and control has been a historical and systemic challenge, both in Colombia and the region.
Colombia has traditionally had higher unemployment rate than its neighbors. Of the 23 million members of the workforce, the government estimated that in 2013 more than 2 million were out of a job.
More:
http://colombiareports.co/colombias-economic-activity-generating-employment-un-representative/
