The Chilean Labor Market: Job Creation, Quality, Inclusiveness, and Future Challenges

Munich Personal RePEc Archive

The Chilean Labor Market: Job

Creation, Quality, Inclusiveness, and Future Challenges

Parro, Francisco and Reyes, Loreto

Finance Ministry of Chile

May 2013

Online at https://mpra.ub.uni-muenchen.de/50755/

MPRA Paper No. 50755, posted 19 Oct 2013 18:01 UTC

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Abstract

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Keywords: Labor Markets, Inequality, Skills JEL Classification: J21; J31; J24

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( Overview of the Chilean labor market

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102,428 218,014

77,834 303,987

101,518

177,004192,693

348,966 537,996

356,523

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35,502 38,768 47,960

98,963 70,904

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19,754

359,005 113,305

103,288 73,125

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1.2 Job quality

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Figure 7: Job Creation, Q1 2010 3 Q4 2012

808,933 <ew Jobs

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3,414,025 3,511,526

4,238,668

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Figure 8: Composition of the Protected Job Creation, Q1 2010 3 Q4 2012

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Outsourced jobs <on3outsourced jobs

Figure 10: Quality of Outsourced and <on3Outsourced Jobs, Q4 2012

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Inclusiveness of job creation

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Figure 11: Distribution of employment according to full and partial job, Q4 2012

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(836,223) (4,211,788)

(40,347) (31,679)

(194,478) (226,290)

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Figure 12: Female Labor Force Participation Rate (%), 199632011

Chile OECD excluding Chile

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Figure 16: Unemployment Rate of the Most Vulnerable Groups, 199032011

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$( Social inclusion, poverty and education: Three faces of the same problem

3.1 Economic growth, demand for skills, and income inequality

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30.9 33.0

35.4

31.6

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26.9 25.1

27.7 28.7 29.0

27.6 27.3

23.9 25.9

22.6

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21.0

32.7

16.9

39.8

16.2

312.6

8.1

326.2

26.0 20.1

32.8

10.6

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9.0

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11.9

0.9

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Figure 18: Income Growth Rate of the Poorest Households (1 Decile), 199032011

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Figure 19: Per Capita Labor Income Index 20/20, 199032012

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326.2

26.0

9.4

33.2

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200632009 200932011

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Figure 20: Autonomous Growth Rate for 1st and 10th decile, 200632011

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3.2 Education: Policies and key trends

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48.6

60.5

66.0 63.1

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Figure 21a: Percentage of 303 to 343Year3Olds with Completed Primary Education, 197532010

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34.4

41.2

44.7 42.6

47.6

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Figure 21b: Percentage of 303 to 343Year3Olds with Completed Secondary Education, 197532010

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14.7

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19.7

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Figure 21c: Percentage of 303 to 343Year3Olds with Completed Tertiary Education, 197532010

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Figure 22: Gini Coefficient: Years of Schooling for 253 to 353Year3Olds, 199032011

5 5 ' & 5 .53A(

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3.3 The boom in the education of women

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63.2

56.6

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48.8 48.7

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59.7 61.3

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Figure 23a: Percentage of 303 to 343Year3Olds with Completed Primary Education by Gender, 197532010

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3.4 Summary

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41.3

44.9

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34.28

41.16

44.59 43.12

47.08

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Figure 23b: Percentage of 303 to 343Year3Olds with Completed Secondary Education by Gender, 197532010

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10.4 10.6

10.1

14.1 14.0

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9.61

11.66 11.75 11.72

14.94

13.61

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Figure 23c: Percentage of 303 to 343Year3Olds with Completed Tertiary Education by Gender, 197532010

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To have a more educated workforce '% %

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References

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