28.08.202613:00:00UTC+00Chile’s Unemployment Edges Up to 9.5% in July, Halting Recent Stabilization

Chile’s labor market showed renewed signs of strain in mid-2026, as the national unemployment rate inched up to 9.5% in July 2026, according to data updated on 28 August 2026. The figure marks a slight increase from June 2026, when unemployment stood at 9.4%.

While the 0.1 percentage point rise appears modest, it comes at a time when the jobless rate had previously shown signs of stabilizing, and it keeps unemployment at an elevated level by historical standards. The July reading suggests that labor market conditions remain tight for jobseekers, with only limited improvement despite recent months of relative steadiness.

Investors and policymakers will be watching upcoming releases closely to determine whether the July uptick signals the start of a new weakening trend in employment or a temporary fluctuation within a still-fragile labor market. For now, the July data underscore that Chile’s path to a more robust jobs recovery remains uncertain.