Chile Unemployment Rate  Forecast


Chile Unemployment Rate
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Unemployment Rate in Chile is expected to be 6.70 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 6.50 percent in 2020, according to our econometric models.


Chile Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6.7 6.7 6.6 6.4 6.7 6.5
Employed Persons 8297 8299 8286 8276 8267 8194
Unemployed Persons 600 580 580 575 575 550
Employment Rate 55.67 55.6 55.52 55.45 55.4 55.15
Labor Force Participation Rate 59.69 59.63 59.54 59.49 59.46 59.36
Job Vacancies 23.6 29.11 30.15 31.42 32.62 41.92
Wages 4553 4557 4549 4030 4035 4040
Wages in Manufacturing 106 82.16 74.65 76.79 83.76 118
Minimum Wages 270000 276000 269464 273777 278089 295000
Population 18.19 18.2 18.2 18.2 18.5 18.88
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Wages Low Skilled 375500 378739 382223 383965 385707 383498
Wages High Skilled 1161900 1174718 1167974 1164603 1161231 1161312
Living Wage Family 622100 613898 614139 614260 614381 614699
Living Wage Individual 400300 392280 392692 392898 393105 393982