Chile - Wage & Salaries





Chile: Wage & Salaries

Mnemonic YPEWS.ICHL
Unit CLP per hr., NSA
Adjustments Not Seasonally Adjusted
Monthly 0.51 %
Data Aug 2019 4,926
Jul 2019 4,901

Series Information

Source National Institute of Statistics (INE)
Release Average Hourly Wage Index
Frequency Monthly
Start Date 1/31/2016
End Date 8/31/2019

Chile: Labor

Reference Last Previous Units Frequency
Agriculture Employment Aug 2019 706.92 702.14 Ths. # 3-mo. MA, NSA Monthly
Labor Force Aug 2019 9,115 9,128 Ths. # 3-mo MA, NSA Monthly
Labor Force Employment Aug 2019 8,460 8,474 Ths. # 3-mo MA, NSA Monthly
Total Employment Aug 2019 8,460 8,474 Ths. # 3-mo. MA, NSA Monthly
Unemployment Aug 2019 654.98 654.58 Ths. # 3-mo MA, NSA Monthly
Unemployment Rate Aug 2019 7.19 7.17 % 3-mo MA, NSA Monthly
Wage & Salaries Aug 2019 4,926 4,901 CLP per hr., NSA Monthly

Release Information

The National Institute of Statistics (INE) reports monthly average monthly wage indexes according to activity. Figures are based 2016 = 100 and are not seasonally adjusted (NSA).

These short term indicators allow for comparison of successive months and show variation in wages, labor costs, and jobs at the national level. 

Companies are placed into economic activity categories according to the good with the highest sales volume. Economic activities include agriculture, defense, private households with domestic service, and extraterritorial organizations and bodies

The concept of remuneration is above-mentioned to a part of the existing labor force in the labor market, pertaining to employed workers in businesses or institutions with ten or more industrious, excluding to the employers and independent workers.  The divisions of the economic activities correspond to them established by the CIIU Rev. 4, the Chilean localization of UN ISIC Rev. 4.  The branch Agriculture is excluded, hunt, agriculture and fishing, due to technical difficulties to obtain information Source:  National institute of Statistics (INE).

Data is not subject to revisions. 

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