Market Intelligence Reports

Latin America Market Report Q2 2023

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Talent Solutions - Latin America QMR Q2 2023 | 45 Chile ▪ 21% of the Labor Force is 55 years+ ▪ Retirement age ▪ Men 65 years ▪ Women 60 years ▪ Compared to Q1 2019, the number of participants in the Labor force has increased by 37% and 33% in the 25-34 and 35-44 year groups. Over the same time, the Labor force participants in the 55-64 year age group and the over 65s has decreased by 14% and 22% respectively. Latest Available Data Q2 2023 Total Labor Force (000s) 9,876 Employed Workers (000s) 9,017 Unemployed Workers (000s) 859 Unemployment Rate 8.7% Workforce Statistics Labor Force Participation Rates by Age and Sex Age Profile of Labor Force Number of Participants in Labor Force By Age (000s) Distribution of Status in Employment Duration of Unemployment – 25 years+ ▪ 56% of the Unemployed Population has been unemployed for less than 3 months. ILOSTAT https://www.ine.gob.cl/

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