#2943. Labor market indicator for Colombia

November 2026publication date
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Journal’s subject area:
Economics, Econometrics and Finance (all);
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Abstract:
The article presents and analyzes the Labor Market Indicator (LMI), focusing on the cyclic similarity of eighteen time series of surveys of households, industries and public opinion between 20XX and 20XX. The results show that its evolution is closely related to the volume of production and the unemployment rate.
Keywords:
Colombian labor market; Dynamic factor model; LMI; Unemployment rate

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