RIO DE JANEIRO, BRAZIL - Chile's unemployment rate dropped to 9.5% in June, representing a decrease of 2.7% compared to the same period last year and the first time the figure has fallen below 10% since April 2020, the National Institute of Statistics (INE) reported Friday, July 30.
The improvement is owed to the increase in the labor force (9.2%), lower than that of employed (12.6%), and to the 15.1% drop in the number of idle workers, influenced only by the number of people laid off (-17.0%), the institution explained.
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