Friday, May 28th 2004 - 21:00 UTC

Unemployment in Chile reached 8,7%

Unemployment in Chile reached 8,7% during the February-April quarter after experiencing a 0,2% increase compared to the same period a year ago and 0,6% over the previous quarter.

According to the Chilean Statistics Office the end of the summer farming season and related activities plus a growing number of people looking for jobs for the first time as the economy picks up, has a direct incidence in the latest figures.

This means that there are 538.290 Chileans out of a job, with the north of the country and metropolitan areas suffering the greatest increase impact.

However the number of people employed registered a 1,2% increase which means the economy in that period created 69,030 new jobs.

No comments for this story

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!