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Chile – Employment looks brighter, fear of losing job falls

28 March 2013

Employment prospects in Chile are looking brighter this year, according to the latest research by leading think-tank Libertad y Desarrollo (LyD). The research institute carried out a survey which found that 39% of respondents expect the employment situation to improve in the next three months, compared to 25% a year ago.

A year ago, a quarter of those questioned expected the labour market to worsen in the country but this figure has now fallen to just 13%.  

When asked about their expectations regarding the employment market over the course of the year, nearly half (46%) believe the market will improve. This compares to 15% who expect deteriorating conditions.

People are now also less afraid of losing their jobs. According to the survey, 24% of respondents expressed concern about losing their current jobs, compared to 28% a year ago. The percentage of respondents who expressed a very high level of fear reached a record low at 4%.

The number of people who believe they will find employment in the next 12 months remained flat at 68%. The think-tank said this was a “very positive” development, considering that the average in the the last nine years floated around 52%. 58% also believe that the government has done enough to increase employment in the country, the highest percentage since the survey was first launched.

The survey is carried out on a quarterly basis and is part of a series of public opinion polls at the LyD. It questioned over 900 respondents aged 18 or over across major cities in the country.

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