Caracterización del Mercado Laboral en Chile y su Evolución en los Últimos 25 años

Gonzalo Castex and Fabián Sepúlveda

Working Papers Central Bank of Chile from Central Bank of Chile

Abstract: We present descriptive statistics of the Chilean labor market over the last 25 years. Several demographic and institutional changes may influence the individual’s decision to participate or not in the labor force. The present study shows trends in participation, employment, wages and other labor market characteristics. Those trends are analyzed for different demographic groups and for different economic sectors. The study shows that the increase in the labor market participation is driven by female participation. The economic sectors that grew the most are Commerce and Tourism, and Financial Services. The Personal Services sector concentrates the larger fraction of workers. Women represent an important fraction of it. The study reports an increase in the wage level and a decrease in the gender wage gap.

Date: 2014-05
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