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Chile’s Unemployment Rises to 8.8%, Revealing Economic Strain

  • Chile's unemployment rate increased to 8.8% during the quarter spanning February to April 2025, as reported by the National Institute of Statistics.
  • This increase followed labor force growth of 0.6% combined with only 0.2% job creation and more people actively seeking work.
  • Job losses in manufacturing, down by 37,000 positions, contrasted with expansions in finance and hospitality sectors.
  • Women faced higher unemployment at 9.7% compared to 8.2% for men, reflecting persistent gender gaps despite sharper declines in informal jobs for women.
  • The disparity between economic growth and employment gains suggests policymakers must address structural barriers to ensure stable, quality jobs.
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CNN Chile broke the news in on Thursday, May 29, 2025.
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