📋 Tender Overview
Measure the social impacts generated by each of the measures implemented in order to face the health crisis and take on the challenges to formalize jobs and promote the employability of women were some of the issues addressed by the Finance Commission .The instance heard the presentation of the Minister of Labor and Social Welfare Patricio Melero regarding the labor IFE rehiring and economic reactivation and according to what was expressed by the president of the instance Senator Ximena Rincn we will continue the analysis of these matters hopefully together with the Ministry of Economy on whom a series of incentives depend .On the occasion Minister Melero specified that the unemployment rate was estimated at 8.9 decreasing 0.6pp compared to the previous quarter and 4.2pp compared to the same period in 2020.He added that the participation rate was 56.2 which has not yet recovered so it should continue to monitor. According to data from the INE adjusted for seasonality 1078600 jobs have been incorporated that is 59.2 of the jobs lost. There are still 776 thousand jobs to recover .In the May-July quarter of 2021 111093 thousand jobs were created compared to the previous moving quarter. By occupational category the growth is 559 thousand salaried jobs 481 thousand independent jobs and 36 thousand jobs for private home workers .In addition the Minister of Labor indicated that 461465 new formal jobs and 614290 informal jobs were created compared to May-July. The Informal Employment Rate is 26.9 which implies an increase of 4.6pp compared to the same period last year .
