Macroeconomy/Finance

Unemployment in Chile reaches 8.2%, the highest level in a decade

During the first quarter of 2020, unemployment in Chile reached 8.2%, its highest level in a decade, according to the National Institute of Statistics (INE). The high level of unemployment is mainly due to the restrictions imposed by the coronavirus pandemic, which added to the effect of the wave of social protests that have rocked the country since October.

Source: Reuters

Categories: Macroeconomy/Finance