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Medellin's labour paradox: competitive wages, but caught between 'fishing' and voluntary resignation
CO🏛️ PoliticsCenter13 hr. ago

Medellin's labour paradox: competitive wages, but caught between 'fishing' and voluntary resignation

The article discusses the complex labor market in Medellín, Colombia, highlighting a growing divide between formal and informal employment. While the city continues to create jobs and offers competitive salaries above the national average, a significant portion of new workers—approximately 54 out of every 100—are entering the informal sector, known locally as 'rebusque.' This trend threatens long-term economic sustainability. Meanwhile, those in formal positions are increasingly choosing voluntary resignation due to perceived lack of equity. A study by Crowe Co indicates that nearly 36,900 of the 69,000 new workers in Antioquia ended up in the informal economy, while only 31,600 secured formal employment. The situation is particularly challenging for first-time job seekers or those returning after unemployment, with 43 out of every 100 ending up in informal work, 37 in formal roles, and 19 unemployed.

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El Tiempo logoEl TiempoIndependentCenter13 hr. ago
Medellin's labour paradox: competitive wages, but caught between 'fishing' and voluntary resignation

The article discusses the complex labor market in Medellín, Colombia, highlighting a growing divide between formal and informal employment. While the city continues to create jobs and offers competitive salaries above the national average, a significant portion of new workers—approximately 54 out of every 100—are entering the informal sector, known locally as 'rebusque.' This trend threatens long-term economic sustainability. Meanwhile, those in formal positions are increasingly choosing voluntary resignation due to perceived lack of equity. A study by Crowe Co indicates that nearly 36,900 of the 69,000 new workers in Antioquia ended up in the informal economy, while only 31,600 secured formal employment. The situation is particularly challenging for first-time job seekers or those returning after unemployment, with 43 out of every 100 ending up in informal work, 37 in formal roles, and 19 unemployed.

Bias read (Center): While the article presents data showing a growing informal sector and voluntary resignations from formal jobs, it does not overtly frame these trends as politically motivated or partisan. It relies on objective statistical findings and expert commentary without taking a clear ideological stance. The

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