Chile’s Jobless Rate Breaks 10-Year Record, Hits 11.2% in March-May Amid COVID-19 – Data

BUENOS AIRES (UrduPoint News / Sputnik – 01st July, 2020) The unemployment in Chile in March-May has broken a 10-year record and plummeted to 11.2 percent due to restrictions imposed in the country to curb the COVID-19 pandemic, the National Statistics Institute said on Tuesday.

“The unemployment rate in the country in March-May was 11.2 percent, which is an increase of four percentage points compared to the same period last year … This is the highest level since 2010,” the institute said.

Moreover, the number of unemployed citizens who are not actively looking for job increased by 27.

4 percent.

The strongest decline in employment was observed in the accommodation and food services sector, construction and trade that showed a decrease by 42.4, 23.1 and 19.4 percent, respectively.

Chile, which is among the hardest hit Latin American countries, has so far recorded nearly 280,000 COVID-19 cases and more than 5,600 related deaths. Meanwhile, about 241,000 people have recovered from the disease.

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