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.

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Chile Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-30 01:00 PM Apr 7.7% 7.8% 7.7%
2022-06-29 01:00 PM May 7.8% 7.7% 7.9% 7.6%
2022-07-28 01:00 PM Jun 7.8% 7.9%


Related Last Previous Unit Reference
Unemployment Rate 7.80 7.70 percent May 2022
Unemployed Persons 749.54 742.02 Thousand May 2022
Employed Persons 8855.08 8835.48 Thousand May 2022
Employment Rate 55.10 55.10 percent May 2022
Wages 5646.00 5655.00 CLP/Hour Feb 2022
Wages in Manufacturing 136.68 135.63 points Apr 2022
Population 19.69 19.46 Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.80 7.70 13.50 5.10 1986 - 2022 percent Monthly

News Stream
Chile Jobless Rate Falls in March-May
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.
2022-06-29
Chile Jobless Rate Eases in February-April
Chile’s unemployment rate eased to 7.7 percent in the three months to April of 2022, from 10.2 percent in the same period of the previous year, as Chile continued to consolidate the recovery of its labor market from the pandemic. The number of unemployed decreased by 19.8 percent to 742 thousand, while the number of employed rose by 9 percent to 8.8 million.
2022-05-30
Chile Jobless Rate Drops to 7.8% in January-March
Chile's unemployment rate dropped to 7.8 percent in the three months to March of 2022, from 10.3 percent in the same period of the previous year, but slightly above market estimates of 7.6 percent. The number of unemployed decreased by 20.9 percent to 744 thousand while the number of employed rose by 8.0 percent to 8.6 million.
2022-04-28