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Work Force A Scalable, Skilled Work Force A young, skilled, 3.8 million strong work force in Bogota ensures the scalability of any operation. The city’s 114 institutions of higher education enroll over 452,000 students and graduate 67,000 professionals and technicians per year. In addition, Colombia has one of the most flexible labor regimes in Latin America. An Abundance of Young, Skilled Workers Bogota has a young, 3.8 million strong work force. Bogota Work Force by Age* ![]() * Data correspond to the 3rd quarter of the year Source: DANE, Integrated Household Survey The city has 436,000 unemployed people (11.3% of total workforce in 2008), 33% of which have higher education degrees. These unemployed people are a readily available pool of employees. Educational Level of Unemployed* ![]() * Data corresponds to the 3rd quarter of the year Source: DANE, Integrated Household Survey The city’s 114 institutions of higher education enroll nearly 452,000 students and graduate approximately 67,000 professionals per year in a broad range of fields. This ensures scalability in practically any sector. Bogota Higher Education Students (2005-2008) ![]() Source: Ministry of National Education of Colombia, National Higher Education Database Bogota Higher Education Graduates (2005-2008) ![]() Source: Ministry of National Education of Colombia, National Higher Education Database Among university students, engineering and business administration are some of the most popular fields of study. Bogota Higher Education Graduates by Field of Study (2001-2008) ![]() Source: Ministry of National Education of Colombia, National Higher Education Database A Flexible Work Regime According to the World Bank’s 2010 Doing Business survey, Colombia, along with Chile, has the most flexible work regime in Latin America. Labor Rigidity Index* (2009) ![]() * A simple average of three indices: Difficulty of hiring, rigidity of hours, difficulty of redundancy Source: World Bank, Doing Business Survey 2010 See Sectors, for detailed information on workforce availability in Bogota’s strategic sectors. Updated (mm/dd/yyyy): 05.20.2010 |
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