Chile’s unemployment rate rose to 9.6% in the June-August 2026 quarter from 9.5% in the previous period and slightly above forecasts of 9.5%. The number of unemployed people increased 13% year-on-year, driven by a 12.1% rise in people who had previously held jobs and a 23.2% increase in first-time job seekers. Total employment declined 0.9%. By economic sector, employment fell most in manufacturing (-7.6%), information and communications (-16.8%) and commerce (-1.1%). The informal employment rate reached 26.3%. Among women, unemployment rose to 10.3%, up 1.0 percentage point, as the labor force increased 1.3%, outpacing the 0.2% rise in employment. Among men, unemployment reached 9.1%, up 1.1 percentage points, as the labor force declined 0.5%, less than the 1.7% drop in employment. In the Metropolitan Region, unemployment reached 9.8%. The seasonally adjusted national unemployment rate was 9.4%. source: National Institute of Statistics, Chile
Unemployment Rate in Chile increased to 9.60 percent in August from 9.50 percent in July of 2026. Unemployment Rate in Chile averaged 8.22 percent from 1986 until 2026, 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 October of 2026.
Unemployment Rate in Chile increased to 9.60 percent in August from 9.50 percent in July of 2026. Unemployment Rate in Chile is expected to be 9.00 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 8.90 percent in 2027 and 9.00 percent in 2028, according to our econometric models.