Unemployment Rate in Chile decreased to 6.70 percent in December from 6.80 percent in November of 2018. Unemployment Rate in Chile averaged 8.06 percent from 1986 until 2018, 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 6.90 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.