Chile’s unemployment rate falls to 7.7% in February-April quarter

RIO DE JANEIRO, BRAZIL – In the February-April quarter, unemployment in Chile dropped to 7.7%, a decrease of 2.5 percentage points (pp) compared to the same period last year, INE reported on May 30.

The decrease in unemployment, according to the National Statistics Institute (INE), was mainly driven by the increase of workers in sectors such as commerce (11.2%), accommodation and food service (31.5%), and health activities (16.1%).

“The unemployment rate in women stood at 8.5%, decreasing 2.4 pp in twelve months,” indicated by INE. “In men, the unemployment rate was 7.2%, with a decrease of 2.6 pp,” they added.

In the Metropolitan Region, where 7.1 of Chile’s 19 million inhabitants live, the unemployment rate for the quarter under analysis reached 8.5%, decreasing 3.5 pp in twelve months.

Chile closed 2021 with a GDP growth of 11.7%, but for this year, a strong deceleration of the local economy has been anticipated, increasing 1.5%.

With information from AFP

Related coverage: Security crisis in Ecuador: When reality trumps management · Brazil will test psychedelic mushrooms to create medicine · Brazil has more than 27,000 disaster risk areas · Brazil: Unemployment rate drops to lowest level since 2016

More: Brazil news in English, every day from The Rio Times.

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error