This document (only the Spanish version available) highlights that:

1. The recovery of the Colombian labor market continues but has not fully overcome the damage caused by the pandemic. In the first quarter of the year, despite the recovery presented, the participation of people between 55 and 65 years of age continues at lower levels compared to a pre-pandemic period (6.9 p.p. difference).
2. The Employment Rate of the same population continues at 7.9 p.p. below the level in 2019. A similar phenomenon occurred in the population over 65 years of age.
3. Informality is below pre-pandemic levels, although it should be noted that this could be due to the methodological change that occurred with the new household survey framework. 2 out of 3 people between 55 and 65 years old do not contribute to a pension. This shows the vulnerability of this population that is about to reach pension age but may not be able to retire due to the contribution requirement.