Chile Unemployment Rate  1986-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Chile rose to 7 percent in the three months to May of 2017 from 6.8 percent a year earlier and above market expectations of 6.9 percent. It is the highest jobless rate since the three months to July of 2016 as the number of unemployed went up by 5.5 percent to 620.5 thousand while employment rose at a slower 1.7 percent to 8.218 million. Jobs gains occurred mostly in health (10.7 percent), other services (12.2 percent) and manufacturing (2.9 percent). The labour force increased by 2 percent to 8.838 million and those detached from it also went up by 1.5 percent to 5.962 million. Unemployment Rate in Chile averaged 8.12 percent from 1986 until 2017, 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.

Chile Unemployment Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-28 12:00 PM Mar 6.6% 6.4% 6.6% 6.6%
2017-05-31 01:00 PM Apr 6.7% 6.6% 6.7% 6.8%
2017-06-30 01:00 PM May 7% 6.7% 6.9% 6.7%
2017-07-31 01:00 PM Jun 7% 7.1%
2017-08-31 12:00 PM Jul 7.2%
2017-09-29 12:00 PM Aug 7.1%




Chile Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 6.70 13.50 5.10 percent [+]
Employed Persons 8218.14 8207.86 8230.37 6478.51 Thousand [+]
Unemployed Persons 620.50 585.49 855.70 468.14 Thousand [+]
Employment Rate 55.52 55.54 56.67 52.47 percent [+]
Labor Force Participation Rate 59.72 59.50 60.37 57.69 percent [+]
Job Vacancies 34.50 39.30 161.40 19.20 Index Points [+]
Wages 4023.33 4054.33 4054.33 2570.67 CLP/Hour [+]
Wages in Manufacturing 153.63 153.04 153.89 99.13 Index Points [+]
Minimum Wages 265000.00 250000.00 265000.00 115648.00 CLP/Month [+]
Population 18.19 18.01 18.19 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 [+]
Living Wage Family 521764.60 537583.40 542705.70 521764.60 CLP/Month [+]
Living Wage Individual 407760.50 422487.50 422487.50 401939.60 CLP/Month [+]
Wages Low Skilled 383200.00 392700.00 392700.00 281900.00 CLP/Month [+]
Wages High Skilled 1210400.00 1253700.00 1253700.00 1093100.00 CLP/Month [+]


Chile Unemployment Rate Notes

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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 6.70 13.50 5.10 1986 - 2017 percent Monthly



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.30 May/17
Italy 11.30 May/17
Turkey 10.50 Apr/17
France 9.60 Mar/17
Euro Area 9.30 May/17
Canada 6.50 Jun/17
Australia 5.60 Jun/17
Indonesia 5.33 Mar/17
Russia 5.10 Jun/17
India 4.90 Dec/13
Netherlands 4.90 Jun/17
United Kingdom 4.50 May/17
United States 4.40 Jun/17
China 3.97 Mar/17
Germany 3.90 May/17
South Korea 3.80 Jun/17
Mexico 3.30 Jun/17
Japan 3.10 May/17
Switzerland 3.00 Jun/17