Unemployment in Chile

Chile Unemployment | Economic News & Forecasts

Chile - Unemployment

A detailed release confirmed growth markedly decelerated in the first quarter. Fixed investment growth nearly halved while household spending softened, dragged by sluggish gains in employment and downbeat consumer confidence. As for the external sector, exports contracted for the first time in almost two years, as a slump in mining output in Q1—amid adverse weather in February—weighed on copper shipments. Moreover, recent data suggests that the economy remained stunted at Q2’s outset. Although economic activity strengthened slightly in April on a rebound in mining, manufacturing output contracted and merchandise export growth fell for a third consecutive month. Consumption also likely got off to a slow start in the second quarter: In April, retail sales recorded the sharpest fall in at least four years, while consumer sentiment fell to its lowest point in two years in May.

Chile - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate5.9  6.4  6.2  6.5  6.7  

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Chile Unemployment Chart

Chile Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Insitute (INE) and Met the why particular calculations

Chile Facts

Bond Yield3.44-0.44 %Jun 13
Exchange Rate696.10.05 %Jun 13
Stock Market25,768-0.67 %Jun 13

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