Chile - Unemployment





Chile: Unemployment

Mnemonic LBU.ICHL
Unit Ths. # 3-mo MA, NSA
Adjustments Not Seasonally Adjusted
Monthly 0.03 %
Data Jan 2024 854.34
Dec 2023 854.11

Series Information

Source National Institute of Statistics (INE)
Release Labor Force Survey
Frequency Monthly
Start Date 2/28/1985
End Date 1/31/2024

Chile: Labor

Reference Last Previous Units Frequency
Labor Force Jan 2024 10,127 10,077 Ths. # 3-mo MA, NSA Monthly
Labor Force Employment Jan 2024 9,273 9,223 Ths. # 3-mo MA, NSA Monthly
Unemployment Jan 2024 854.34 854.11 Ths. # 3-mo MA, NSA Monthly
Unemployment Rate Jan 2024 8.44 8.48 % 3-mo MA, NSA Monthly
Wage & Salaries Jan 2024 6,753 6,666 CLP per hr., NSA Monthly
Agriculture Employment Dec 2023 574.8 536.28 Ths. # 3-mo. MA, NSA Monthly
Total Employment Dec 2023 9,223 9,138 Ths. # 3-mo. MA, NSA Monthly

Release Information

For Chile, the National Institute of Statistice (INE) reports monthly employment data for the country and regions: total population, labor force, employed population, unemployed, unemployment rate, and inactive population.

Active:

  • Benchmark: CPV 2017
  • Framework: ILO
  • Classification: CAENES, a variation on UN ISIC Rev. 4
  • Measurements:
    • Thousands of persons (Ths. #)
    • Percent (%)
  • Cumulation: Three-month moving average (3-mo MA)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates:
    • 2013m3 for most
    • 2020m1 for "no response"
  • Geo coverage:
    • Country (1)
    • Administrative region (all 16, ICHL_^^)
  • All concept-geo pairs exist: Yes

Predecessors:

  • ISIC Rev. 4, CPV 2002, 17 regions - 2013m3 to 2019m12 (_19)
  • ISIC Rev. 3, 15 regions - 2009m3 to 2016m12 (_16)

The New National Employment Survey (NENE) aims to classify people 15 years and older according to their employment status. NENE replaced the former National Employment Survey (ENE) in April 2010. The survey follows a set of defined rules on the international level which allows the INE to measure employment and unemployment by way of household surveys. These rules help to define questions that make up the household survey.

The survey is in accordance with the resolutions of ILO's International Conferences of Labor Statisticians (ICLS). Employed persons contains data for a person who worked at least one hour in a week and received payment. The distinction between "traditional" and "non-traditional" employment is made by how the participant recognizes work activity. Unemployed accounts for people seeking work in the last four weeks and those available for work in the last two weeks.

Previously, the National Employment Survey (ENE) sampled households from a framework based upon the population census and housing. There were several methodological changes made to the survey due to demographic and structural labor market changes collected from the 2002 census. There are smoothing additives (who perform only a translation of the levels and maintain characteristics trend only), linear (who maintain the differences and maintain cyclical characteristics), and using mathematical functions such as exponential (which affect the cycles and trends hold).

CAENAS (Clasificador de Actividades Económicas Nacional para Encuestas Sociodemográphicas) is a variation on CIIU Rev.4.cl (revisión 4 adaptación chilena), the localization of UN ISIC Rev. 4. CAENES is identical to CIIU at the one-digit (section) level.

Moody's Analytics supplements

We extend the LFS quartet for the country and national capital. We produce SA counterparts for both.

As of 2020, figures are benchmarked to the 2017 Population and Housing Census (Censo de Población y Vivienda, CPV).

Further reading

At the source:

At IMF (SDDS):