Chile's unemployment rate increased to 12.1 percent in March 2021, from 8.2 percent in the same period of the previous year. It was the highest jobless rate since September of 2020, as the number of unemployed jumped by 17.37 percent to 0.94 million while the number of employed dropped by 9.74 percent to 8.1 million. source: National Institute of Statistics, Chile

Unemployment Rate in Chile averaged 8.18 percent from 1986 until 2021, 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 May of 2021.

Unemployment Rate in Chile is expected to be 11.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Chile to stand at 10.90 in 12 months time. In the long-term, the Chile Unemployment Rate is projected to trend around 9.00 percent in 2022 and 7.50 percent in 2023, according to our econometric models.

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Chile Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.10 10.30 13.50 5.10 1986 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 12:00 PM Dec 10.3% 10.8% 11.5%
2021-02-26 12:00 PM Jan 10.2% 10.3% 10.5%
2021-03-31 12:00 PM Feb 10.3% 10.2% 10%
2021-04-30 01:00 PM Mar 12.1% 10.3% 10.4%
2021-05-31 01:00 PM Apr 12.1%
2021-06-30 01:00 PM May
2021-07-30 01:00 PM Jun
2021-08-31 01:00 PM Jul


News Stream
Chile Jobless Rate Highest in 6 Months
Chile's unemployment rate increased to 12.1 percent in March 2021, from 8.2 percent in the same period of the previous year. It was the highest jobless rate since September of 2020, as the number of unemployed jumped by 17.37 percent to 0.94 million while the number of employed dropped by 9.74 percent to 8.1 million.
2021-04-30
Chile Jobless Rate Lowest in 8 Months
Chile's unemployment rate increased to 10.3 percent in the three months to December 2020, from 7.1 percent in the same period of the previous year, as the number of unemployed jumped by 33.2 percent to 0.92 million while the number of employed dropped by 11.7 percent to 8.03 million. Meantime, the labor force participation rate was down to 56.6 percent and the employment rate declined to 50.8 percent.
2021-01-29
Chile Jobless Rate Rises to 10.8% in September-November
Chile's unemployment rate rose to 10.8 percent in the three months to November 2020, from 7.0 percent in the same period of the previous year, as the number of unemployed jumped 41.0 percent to 0.95 million while the number of employed dropped 12.5 percent to 7.92 million. Meantime, the labor force participation rate was down to 56.2 percent and the employment rate declined to 50.2 percent.
2020-12-31
Chile Jobless Rate Rises to 11.6% in August-October
Chile's unemployment rate rose to 11.6 percent in the three months to October 2020, from 7.1 percent in the same period of the previous year, as the number of unemployed jumped 45.1 percent to 1.00 million while the number of employed dropped 14.8 percent to 7.67 million. Meantime, the labor force participation rate stood at 55.0 percent and the employment rate at 48.6 percent.
2020-11-27

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.