Chile’s unemployment rate edged down to 8.4 percent in the three months leading to September of 2021 from 12.3 percent in the corresponding period of the previous year. It was the lowest reading since March of 2020, as the number of unemployed slumped 26.2 percent to 765.8 thousand, while the number of employed jumped 13.3 percent to 8.36 million. At the same time, the labor force increased by 8.4 percent to 9.11 million. source: National Institute of Statistics, Chile
Unemployment Rate in Chile averaged 8.19 percent from 1986 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Unemployment Rate in Chile is expected to be 8.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Unemployment Rate is projected to trend around 7.50 percent in 2022, according to our econometric models.