Economics

Chile Unemployment Falls for Third Month in Boost to Recovery

  • Jobless rate declined to 11.6% in three months through October
  • Country continuing to roll back lockdowns against coronavirus
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Chile’s unemployment rate fell for the third straight month in a fresh sign that the economic recovery in one of Latin America’s richest nations is slowly gaining steam.

The jobless rate declined to 11.6% in the three months through October, the national statistics agency reported on Friday. That figure was below the 11.7% median forecast of analysts in a Bloomberg survey.