(COLOMBIA) Pandemic reduced 34.7% of jobs in the orange economy

The arrival of the COVID -19 pandemic completely stopped the growth that the orange economy had presented during the year 2019. This was revealed by the National Administrative Department of Statistics (DANE).

For the fourth month of the year, which received the impact of the crisis in all its extension, in the orange economy a total of 379,745 people were employed, representing a reduction of 34.7% compared to the same period last year, when 581,117 people were identified as employed.

The reduction in employed persons was more pronounced in the category of cultural industries, where 41,771 jobs were lost due to the pandemic.

Photo: Carpio

How did it close in 2019?

At the end of 2019, the orange economy employed a total of 596,448 people, with the arts and heritage area being the largest category with 300,471 people employed.

In terms of numbers, the value added in money went from $27.1 billion in 2018 to $28.9 billion last year. “This shows, in current price values, a sustained growth of the gross added value of the entire orange economy,” explained Ricardo Valencia Ramírez, deputy director of DANE.

When talking about chain-linked figures, gross value added increased from $23.8 billion in 2018 to $24.2 billion last year.

Both figures consolidate a 1.6% growth of the creative industries of the orange economy in the country in 2019.

Author: ElHeraldo.co