Chile Unemployment Rate

Unemployment Rate in Chile increased to 6.13 percent in February of 2014 from 6.12 percent in January of 2014. Unemployment Rate in Chile is reported by the National Institute of Statistics, Chile. Unemployment Rate in Chile averaged 8.28 Percent from 1986 until 2014, 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. In Chile, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Chile Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.13 6.12 13.50 5.10 6.50 | 2014/03 1986 - 2014 Percent Monthly

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Chile Unemployment Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-30 12:00 PM Chile
Unemployment Rate
Nov 2013 5.7% 5.8% 5.8%
2014-01-31 12:00 PM Chile
Unemployment Rate
Dec 2013 5.7% 5.7% 5.8% 5.7%
2014-02-28 12:00 PM Chile
Unemployment Rate
Jan 2014 6.1% 5.7% 5.8% 5.9%
2014-03-31 01:00 PM Chile
Unemployment Rate
Feb 2014 6.1% 6.1% 6.3% 6%
2014-04-30 12:00 PM Chile
Unemployment Rate
Mar 2014 6.1% 6.5%
2014-05-30 01:00 PM Chile
Unemployment Rate
Apr 2014 5.9%
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Labour Last Previous Highest Lowest Forecast Unit
Employed Persons 7943.26 2014-02-15 7915.41 7943.26 6478.51 7948.10 2014-03-31 Thousand [+]
Job Vacancies 64.50 2014-02-15 84.50 161.40 44.60 76.39 2014-03-31 Index Points [+]
Labor Force Participation Rate 60.37 2014-02-15 60.22 60.37 57.69 59.84 2014-03-31 Percent [+]
Retirement Age Men 65.00 2013-01-01 65.00 65.00 65.00 65.00 2013-12-31 [+]
Retirement Age Women 60.00 2013-01-01 60.00 60.00 60.00 60.00 2013-12-31 [+]
Unemployed Persons 519.10 2014-02-15 515.61 855.70 468.14 533.12 2014-03-31 Thousand [+]
Wages 128.40 2014-02-15 128.10 128.40 99.11 128.82 2014-03-31 Index Points [+]
Wages in Manufacturing 128.79 2014-02-15 128.75 128.79 99.13 129.10 2014-03-31 Index Points [+]
Population 17.40 2012-12-31 17.25 17.40 7.65 17.56 2013-12-31 Million [+]
Unemployment Rate 6.13 2014-02-15 6.12 13.50 5.10 6.50 2014-03-31 Percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Chile GDP Growth Slows to 2.7% YoY in Q4  
Chile's economy advanced 2.7 percent in the fourth quarter of 2013 compared with a year earlier, the slowest expansion in three-and-a-half years, hurt by a sharp fall in investment. For full 2013, the GDP grew at a lower 4.1 percent, down from 5.6 percent in 2012.
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The Board of the Central Bank of Chile decided on October 17th to lower the monetary policy interest rate by 25 basis points, to 4.75 percent to stimulate easing economic growth. Central Bank of Chile cited gloomier global economic outlook, and decelerating domestic demand.
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The Board of the Central Bank of Chile decided on September 12th to leave the monetary policy interest rate unchanged at 5 percent, as the inflation rate remains within the tolerance range.
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