FX.co ★ Chile Jobless Rate Steady at 2021-Highs

Chile’s unemployment rate held at 9.4% in the April–June 2026 period, unchanged from the previous rolling quarter and in line with market expectations. This figure remained the highest since the quarter ending June 2021.

The labor force grew 1.5% year-on-year, while the labor force participation rate inched down to 62.3% from 62.4%, as the number of unemployed edged slightly lower to 980 thousand. At the same time, employment increased 0.9% from a year earlier to 9.403 million, although the employment rate slipped marginally to 56.4% from 56.5% in the prior period.

Job creation was mainly supported by gains in transportation (6.8%), administrative and support service activities (12.9%), and human health activities (5.1%).