Chile - Wage & Salaries





Chile: Wage & Salaries

Mnemonic YPEWS.ICHL
Unit CLP per hr., NSA
Adjustments Not Seasonally Adjusted
Monthly 0.41 %
Data May 2019 4,874
Apr 2019 4,894

Series Information

Source National Institute of Statistics (INE)
Release Average Hourly Wage Index
Frequency Monthly
Start Date 1/31/2016
End Date 5/31/2019

Chile: Labor

Reference Last Previous Units Frequency
Agriculture Employment May 2019 745.74 785.1 Ths. # 3-mo. MA, NSA Monthly
Labor Force May 2019 9,157 9,121 Ths. # 3-mo MA, NSA Monthly
Labor Force Employment May 2019 8,508 8,495 Ths. # 3-mo MA, NSA Monthly
Total Employment May 2019 8,508 8,495 Ths. # 3-mo. MA, NSA Monthly
Unemployment May 2019 648.82 625.8 Ths. # 3-mo MA, NSA Monthly
Unemployment Rate May 2019 7.09 6.86 % 3-mo MA, NSA Monthly
Wage & Salaries May 2019 4,874 4,894 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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