Unemployment reaches 8.2% during June-August trimester

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SANTIAGO.- According to a report released today by the National Institute of Statistics (INE), the unemployment rate for the June-August trimester reached 8.2%, registering a 0.6 percentage point increase over the last 12 months and a 0.2 percentage point decrease when compared to the previous trimester.

The figure is even lower than market predictions, which had forecasted an unemployment rate of 8.5%.

In line with the tendency that has been observed so far this year, the labor force registered a growth rate (4.6%) higher than that of employment (4.0%). Nevertheless, in the most recent measurement, the gap between the two figures became narrower due to a higher expansion rate in employment. Furthermore, there was a lower increase in the amount of unemployed individuals and a more significant reduction in the percentage of people searching for work for the first time (-12.3%).

The situation was similar for both men and women, although the female labor force (8.1%) and employment (6.7%) rates are what continue to boost the dynamism of global figures.

Construction, Commerce and Financial Services also continue to contribute to the growing employment rate.