Labor Force Participation Rate in Chile increased to 52.50 percent in August from 51.80 percent in July of 2020.

Labor Force Participation Rate in Chile averaged 61.62 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 October of 2020. source: National Institute of Statistics (INE)

Labor Force Participation Rate in Chile is expected to be 52.70 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 54.20 in 12 months time. In the long-term, the Chile Labor Force Participation Rate is projected to trend around 55.50 percent in 2021 and 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
52.50 51.80 63.40 51.80 2010 - 2020 percent Monthly

Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.90 13.10 13.50 5.10 percent [+]
Employed Persons 7192.21 7073.19 9118.18 6478.51 Thousand [+]
Unemployed Persons 1067.68 1065.45 1067.68 497.52 Thousand [+]
Employment Rate 45.70 45.00 59.10 45.00 percent [+]
Labor Force Participation Rate 52.50 51.80 63.40 51.80 percent [+]
Job Vacancies 3.50 2.20 167.10 2.00 points [+]
Wages 5060.35 5053.58 5091.68 2570.67 CLP/Hour [+]
Wages in Manufacturing 120.02 120.14 143.51 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.