Labor Force Participation Rate in Chile increased to 59.22 percent in November from 59.06 percent in October of 2019.

Labor Force Participation Rate in Chile averaged 59.52 percent from 2010 until 2019, reaching an all time high of 60.37 percent in February of 2014 and a record low of 57.69 percent in March of 2010. This page provides - Chile Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Institute of Statistics (INE)

Labor Force Participation Rate in Chile is expected to be 59.60 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 59.80 in 12 months time. In the long-term, the Chile Labor Force Participation Rate is projected to trend around 59.60 percent in 2020, according to our econometric models.


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Chile Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.22 59.06 60.37 57.69 2010 - 2019 percent Monthly

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.

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 7.00 13.50 5.10 percent [+]
Employed Persons 8532.26 8484.47 8532.26 6478.51 Thousand [+]
Unemployed Persons 630.44 639.59 855.70 468.14 Thousand [+]
Employment Rate 55.14 54.92 56.67 52.47 percent [+]
Labor Force Participation Rate 59.22 59.06 60.37 57.69 percent [+]
Job Vacancies 11.80 17.50 167.10 11.80 points [+]
Wages 4958.57 4939.90 4958.57 2570.67 CLP/Hour [+]
Wages in Manufacturing 115.63 115.80 143.51 97.75 points [+]
Minimum Wages 301000.00 276000.00 301000.00 115648.00 CLP/Month [+]
Population 18.75 18.37 18.75 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 [+]
Wages Low Skilled 388700.00 397600.00 397600.00 363600.00 CLP/Month [+]
Wages High Skilled 1154700.00 1149700.00 1179700.00 1112800.00 CLP/Month [+]
Living Wage Family 599700.00 600000.00 600000.00 584400.00 CLP/Month [+]
Living Wage Individual 388600.00 394100.00 394100.00 379500.00 CLP/Month [+]