Chile's unemployment rate stood at 6.9 percent in the three months to March 2019, unchanged from the same period a year earlier. The number of unemployed rose by 0.3 percent to 623 thousand while the number of employed went up by 1.2 percent to 8476 thousand. Across sectors, employment increased mainly in health (8.2 percent) education (4.6 percent) and other service activities (8.9 percent). Unemployment Rate in Chile averaged 8.05 percent from 1986 until 2019, reaching an all time high of 13.50 percent in February of 1986 and a record low of 5.10 percent in February of 1998.

Unemployment Rate in Chile is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Chile to stand at 6.70 in 12 months time. In the long-term, the Chile Unemployment Rate is projected to trend around 6.40 percent in 2020, according to our econometric models.

Chile Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-31 12:00 PM Unemployment Rate 6.7% 6.8% 6.6%
2019-02-28 12:00 PM Unemployment Rate 6.8% 6.7% 6.6% 6.7%
2019-03-29 12:00 PM Unemployment Rate 6.7% 6.8% 6.90%
2019-04-30 01:00 PM Unemployment Rate 6.9% 6.7% 6.7%
2019-05-31 01:00 PM Unemployment Rate 6.9% 6.8%
2019-06-28 01:00 PM Unemployment Rate 6.9%
2019-07-31 01:00 PM Unemployment Rate 6.8%


Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 6.70 13.50 5.10 percent [+]
Employed Persons 8476.14 8455.07 8480.60 6478.51 Thousand [+]
Unemployed Persons 623.33 607.65 855.70 468.14 Thousand [+]
Employment Rate 55.40 55.40 56.67 52.47 percent [+]
Labor Force Participation Rate 59.50 59.40 60.37 57.69 percent [+]
Job Vacancies 17.60 16.60 161.00 9.90 Index Points [+]
Wages 4866.76 4792.14 4866.76 2570.67 CLP/Hour [+]
Wages in Manufacturing 114.18 113.04 143.51 97.75 Index 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 [+]


Chile Unemployment Rate

In Chile, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Chile Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.90 6.70 13.50 5.10 1986 - 2019 percent Monthly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Apr/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


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