Growth projections for 2025 place the country at 4%, however, there is concern over the increase in both the unemployment rate and labor informality. In 2024, the unemployment rate rose from 7.4% to 9.5%, while informality increased from 47.4% to 49.3%.
In the words of an economic expert: "This rise in unemployment and labor informality alerts us to the fragility of the current economic situation in the country. It is essential to implement measures that promote the generation of formal employment and reduce informality to ensure sustainable growth."
This scenario poses a challenge for economic authorities, who will need to design effective strategies to curb the increase in unemployment and informality in order to consolidate stable and sustained economic growth in the coming years.
