
Chile Unemployment Rises By 5.6%, Hits New Record Of 13%
Unemployment in Chile has reached a new record high of 13.1 percent, the national statistics institute said Friday.
Unemployment rose by 5.6 percentage points in the rolling May-July quarter compared to the same period in 2019.
The statistics institute said it was the highest figure since 2010 when the body changed its calculation method.
That means that more than a million people are out of work, leaving 8.1 million employed after the loss of 1.8 million jobs over the last year.
However, the unemployment figure doesn’t take into account the 760,000 people that took advantage of a government initiative launched …