Chile Hourly Wages in Manufacturing Index - Forecast

Wages in Manufacturing in Chile is expected to be 108.30 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Chile to stand at 109.00 in 12 months time. In the long-term, the Chile Hourly Wages in Manufacturing Index is projected to trend around 112.00 Index Points in 2020, according to our econometric models.


Chile Hourly Wages in Manufacturing Index
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Chile Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 6.7 6.8 6.6 6.7 6.7 6.5
Employed Persons 8382 8384 8388 8389 8389 8389
Unemployed Persons 605 640 650 600 605 640
Employment Rate 55.75 55.66 55.75 55.81 55.79 55.78
Labor Force Participation Rate 59.78 59.82 59.82 59.81 59.82 59.82
Job Vacancies 11.3 15.29 14.2 13.79 13.61 13.47
Wages 4629 4650 4665 4700 4850 5300
Wages in Manufacturing 109 108 108 109 109 112
Minimum Wages 276000 276000 276000 276000 285000 295000
Population 18.37 18.2 18.33 18.37 18.42 19.12
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Wages Low Skilled 375500 378734 378734 378734 378734 383498
Wages High Skilled 1161900 1171346 1171346 1171346 1171346 1191346
Living Wage Family 622100 630000 630000 630000 640000 640000
Living Wage Individual 400300 400300 400300 400300 400300 400300