Chile’s unemployment levels fall despite copper price rout

March 9, 2016

Responsive image

Despite more than 25 000 people losing their jobs in Chile as a result of the lower copper price, national unemployment levels have dropped by more than a half a per cent, as government support and efforts to redeploy the country’s skilled fork force pay off. As measured at the end of 2015, the unemployment rate had dropped to 5.8%, down from 6.4% in the comparable period, said Chilean Mining Minister Aurora Williams in an interview with Mining Weekly Online on the fringes of the yearly Prospectors and Developers Association of Canada convention.

Category: General