Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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18 February, 2021 Chile Total Workforce (000s) Q4 '20 8,946 Unemployed Workers (000s) 921 Unemployment Rate 10.3% Youth Unemployment Rate 29.4% 4,691 10,487 2,294 231 1,367 47 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 4,911 4,944 4,976 5,201 4,079 6.9% 6.9% 6.8% 7.4% 13.2% 3,557 3,570 3,568 3,744 2,795 7.9% 7.8% 8.2% 10.0% 12.3% 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 69.7% 69.8% 69.9% 73.6% 61.2% 49.6% 49.5% 49.5% 52.2% 39.8% 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 Male Participation Rate Female Participation Rate More than 20K Covid-19 deaths. Arrivals must have a negative test before boarding the flight and are subject to a 10 day quarantine. Some countries, including the UK are banned. Various levels of restrictions within Chile, depending on the area. For the highest level of restrictions a permit is required to leave home. 8.6% of the population are foreign born. The Department of Migration is concerned that after the pandemic, up to 250K migrants would enter Chile each year putting local jobs at risk. In response to this, new immigration laws have been passed to tighten the qualifications required for entry. Over 470K residence permits have been granted to Venezuelans. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html https://www.reuters.com/article/us-chile-immigration-idUSKBN28E1W4 https://www.ine.cl/estadisticas/sociales/mercado-laboral/ocupacion-y-desocupacion

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