A report by the Santiago Chamber of Commerce places Chile as the third country where employment has been most affected globally, being only surpassed by two other Latin American economies: Costa Rica and Peru.

According to the CCS report, some 40 million people have lost their jobs around the world during March and July due to the economic crisis caused by the covid-19 pandemic.

“Chile, unfortunately, is the third most affected country in terms of percentage of job lost (21% between March and July),
only surpassed by two other Latin American economies: Peru and Costa Rica, “the statement added.

In addition to Chile, five other Latin American countries are among the countries with the highest job losses.

“Chile, unfortunately, is the third most affected country in terms of the percentage of job lost (21% between March and July), only surpassed by two other Latin American economies: Peru and Costa Rica,” the statement said.

Regarding job recovery, The report states that in Chile “although the official figures will be known at the end of September, the alternative survey by the PUC Center for Longitudinal Surveys and Studies suggests that at least 300,000 jobs would have been recovered in August, good news, although still insufficient to leave the ranking of the most affected countries. “