MercoPress. South Atlantic News Agency

Magallanes Region has the lowest unemployment

Magallanes Region in the extreme south of Chile has the lowest unemployment in the country, 1.8%, according to the latest release from the country's Statistics Office, INE.

The regional INE representative Gabriel Parada said that the figure refers to the November-January quarter and compares favorably with Chile's national average that stands at 7.2% Magallanes Region working force was estimated in 66.030 people, which compared to the same quarter a year ago represents a slight drop of 0.1% but a 1.6% increase over the previous quarter. As to the number of people employed, the latest reading of 64.830 represents an advance both over the previous quarter and the same quarter a year ago. As to those out of a job the number is 1.200, which is slightly less than the same quarter a year ago. Since the working force number increased this means that 1.370 people found jobs while the number of those looking for their first job increased in 200.