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Unemployment Rate Declines Below 8%

CHILE
  • Earlier the national statistics agency published the jobs report on website for three months through November
    • Chile November Unemployment Rate 7.9%; Est. +8.0%
    • Jobless rate compares with 8.0% a month earlier, and 7.5% a year ago.
    • Number of unemployed grew to 767,075 from 696,690 a year ago.
    • Labor force grew to 9,650,165 from 9,255,050 a year ago.
  • Antofagasta PLC says access to its Los Pelambres operation is being blocked by a small group of people, without any specific incident or situation, according to a statement.
    • There has been “no material impact” on production though work on mine development has been reduced.

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