Unemployment in Chile reaches 8% in August-October rolling quarter

Weakness in the labor market continues in Chile. The unemployment rate reached 8% in the August-October quarter of this year, according to the National Institute of Statistics (INE).

The figure represents a decline of 0.1 percentage point (pp.) in twelve months, due to the fact that growth in the labor force (4.8%) was less than that reported by employed persons (4.9%), the state agency said on Tuesday. .

“The unemployed have increased by 3…

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