FX.co ★ Chile Jobless Rate Hits 8.9% in March-May, Matches Forecasts

Chile's unemployment rate climbed to 8.9% during the March-May 2025 span, compared to 8.3% in the corresponding period the previous year, aligning with analysts' expectations. This marks the highest rate since the quarter ending May 2024, driven by an 8.5% surge in the number of unemployed individuals, reaching 918,000. Concurrently, employment increased slightly by 0.2% to approximately 9.35 million, while the labor force expanded by 0.8% to about 10.3 million.