Chile reports increase in unemployment rate

Chile reports increase in unemployment rate

Based on the data released by the Chile's National Statistics Institute (INE), the country's unemployment rate rose to 7.9% in January-March 2005 period. The economic sectors with the most job growth in the past 12 months were construction, retail and financial services. Meanwhile, industrial output rose 2.3% in March. This is the lowest production growth in the last one year. Industrial output increased 3.5% in February and 5.3% in January.