Abstract

Local labor markets in Colombia are exceptionally heterogeneous. In particular, the cities of the Caribbean region have higher labor informality and lower unemployment rates, compared to the rest of the country. This work is part of a research agenda on local labor markets in Colombia, based on a purely descriptive approach that delves into the characteristics of labor supply and demand and its imbalance. Particularly, this study identifies potential factors that differentiate labor indicators in the Caribbean region from other cities.