Chile unemployment at 10-year high

SANTIAGO: Chile's unemployment has reached its highest level in at least a decade with almost a million people out of work, the national statistics institute said on Friday. Unemployment reached 12.2 percent in the rolling April-June quarter after rising 4.9 percentage points compared to the same period last year.

The institute said 1.78 million jobs were lost over the last year. It's the highest unemployment figure since the institute changed its calculation method in 2010. The worst affected sectors are business, tourism and construction, which have all been hard hit by coronavirus lockdown measures.