{
  "id": 11138212,
  "title": "Chile Unemployment Rises to 9.6%, Highest in Five Years: What Expats Need to Know",
  "url": "https://urgent.news/2026/10/01/chile-unemployment-rises-to-9-6-highest-in-five-years-what-expats",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T07:17:36.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/chile-unemployment-96-five-year-high-what-expats-need-to-know-2026/"
  },
  "original_language": "en",
  "account": "Chile's job market reached its worst performance in five years, with unemployment climbing to 9.6 percent in the June–August quarter. This marks the highest rate since May 2021, up by 1.0 percentage point over the past year. The labor force participation rate dropped to 61.5 percent, and overall employment decreased by 0.9 percent. Men experienced a significant decline in employment (-1.7 percent), while women's employment remained relatively stable (0.2 percent increase). The unemployment rate grew across all categories, with formal salaried jobs falling by 2.9 percent and informal employment increasing by 0.3 percent. Women's unemployment was 10.3 percent, while men's unemployment stood at 9.1 percent. In Santiago, the unemployment rate was even higher at 9.8 percent. The government's 2027 budget, revealed this week, only increases spending by 1.5 percent, potentially leading to minimal stimulus for the cooling labor market. Foreign workers on contracts are affected by the exchange rate, as US$1,000 converts to approximately CLP 972,600, and a CLP 800,000 rent equates to about US$823.",
  "summary": "Chile’s national unemployment rate reached 9.6 percent in the June–August 2026 quarter, the statistics agency INE reported on Wednesday 30 September, up 1.0 percentage point in twelve months and the highest since May 2021. The post Chile Unemployment Rises to 9.6%, Highest in Five Years: What Expats Need to Know appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}