Chile’s unemployment rate dropped to 7.8 percent in the three months to May of 2022, from 10 percent in the same period of the previous year, as the labour market continued its recovery from the pandemic blow. The number of unemployed decreased by 16.5 percent to nearly 750 thousand, while the number of employed rose by 10.1 percent to 8.8 million. At the same time, the labour force increased by 7.5% to 9.6 million. source: National Institute of Statistics, Chile
Unemployment Rate in Chile averaged 8.18 percent from 1986 until 2022, 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 July of 2022.
Unemployment Rate in Chile is expected to be 7.90 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 6.50 percent in 2023, according to our econometric models.