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Unemployment falls as Chile's economy matures.

Publication: Market Latin America
Publication Date: 01-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The graph above illustrates an interesting development in the Chilean economy. Starting around June 2006, the unemployment rate (the yellow line in the graph above) began a steep decline, which continued into December 2006. At the same time, Chile's Monthly Indicator of Economic Activity (Imacec) (the light blue line) was also in decline. The most recent statistics (January 2007) from Chile, show a noticeable increase in the indicator.

In fact, a slowdown in the Chilean economy had...

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