Labor Force Participation Rate in Chile increased to 56.60 percent in December from 56.20 percent in November of 2020. source: National Institute of Statistics (INE)

Labor Force Participation Rate in Chile averaged 61.43 percent from 2010 until 2020, reaching an all time high of 63.40 percent in January of 2018 and a record low of 51.80 percent in July of 2020. This page provides - Chile Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Labor Force Participation Rate - values, historical data and charts - was last updated on February of 2021.

Labor Force Participation Rate in Chile is expected to be 53.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Chile to stand at 55.50 in 12 months time. In the long-term, the Chile Labor Force Participation Rate is projected to trend around 57.90 percent in 2022, according to our econometric models.

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Chile Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
56.60 56.20 63.40 51.80 2010 - 2020 percent Monthly

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.30 10.80 13.50 5.10 percent [+]
Employed Persons 8026.22 7916.72 9118.18 6478.51 Thousand [+]
Unemployed Persons 920.26 954.35 1067.68 497.52 Thousand [+]
Employment Rate 50.80 50.20 59.10 45.00 percent [+]
Labor Force Participation Rate 56.60 56.20 63.40 51.80 percent [+]
Job Vacancies 6.30 7.00 167.10 2.00 points [+]
Wages 5105.85 5086.03 5105.85 2570.67 CLP/Hour [+]
Wages in Manufacturing 122.29 121.69 143.51 97.75 points [+]
Minimum Wages 320500.00 301000.00 320500.00 115648.00 CLP/Month [+]
Population 19.11 18.75 19.11 7.65 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]


Chile Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.