Chile’s unemployment rate dropped to 8.9 percent in the three months to July of 2021, from 13.1 percent in the corresponding period of the previous year. It is the lowest reading since March of 2020, as the number of unemployed fell by 25 percent to 799 thousand, while the number of employed rose by 15.2 percent to 8.15 million. At the same time, labour force increased by 9.9 percent to 8.95 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 September of 2021.

Unemployment Rate in Chile is expected to be 10.30 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 9.00 percent in 2022 and 7.50 percent in 2023, according to our econometric models.

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Chile Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.90 9.50 13.50 5.10 1986 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-31 01:00 PM Apr 10.2% 10.4% 11.9%
2021-06-30 01:00 PM May 10% 10.2% 10.3%
2021-07-30 01:00 PM Jun 9.5% 10% 10% 10.1%
2021-08-31 01:00 PM Jul 8.9% 9.5% 10%
2021-09-30 12:00 PM Aug 8.9%
2021-10-29 12:00 PM Sep
2021-11-30 12:00 PM Oct
2021-12-31 12:00 PM Nov


News Stream
Chile Jobless Rate Falls to 16-Month Low
Chile’s unemployment rate dropped to 8.9 percent in the three months to July of 2021, from 13.1 percent in the corresponding period of the previous year. It is the lowest reading since March of 2020, as the number of unemployed fell by 25 percent to 799 thousand, while the number of employed rose by 15.2 percent to 8.15 million. At the same time, labour force increased by 9.9 percent to 8.95 million.
2021-08-31
Chile Unemployment Rate Falls to 13-Month Low
Chile's unemployment rate dropped to 10.0 percent in the three months to May 2021, from 11.2 percent in the same period of the previous year. It was the lowest jobless rate since April 2020, as the number of unemployed fell by 4.6 percent to 897 thousand while the number of employed rose by 7.9 percent to 8.04 million. Meantime, the labor force participation rate stood at 56.3 percent and the employment rate at 50.6 percent.
2021-06-30
Chile Jobless Rate Highest in 6 Months
Chile's unemployment rate increased to 12.1 percent in March 2021, from 8.2 percent in the same period of the previous year. It was the highest jobless rate since September of 2020, as the number of unemployed jumped by 17.37 percent to 0.94 million while the number of employed dropped by 9.74 percent to 8.1 million.
2021-04-30
Chile Jobless Rate Lowest in 8 Months
Chile's unemployment rate increased to 10.3 percent in the three months to December 2020, from 7.1 percent in the same period of the previous year, as the number of unemployed jumped by 33.2 percent to 0.92 million while the number of employed dropped by 11.7 percent to 8.03 million. Meantime, the labor force participation rate was down to 56.6 percent and the employment rate declined to 50.8 percent.
2021-01-29

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.