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Chile's Jobs Miracle Is Starting to Fizzle

Unemployment is starting to align with weaker growth
Photographer: Marcelo Hernandez/STR/LatinContent via Getty Images
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For the past two years, Chile’s labor market seemed to walk on water.

No matter how weak economic growth, or big the slump in investment, or large the drop in copper prices, the jobless rate remained near a record low. Now, that's starting to change.