Kast links public discouragement to high unemployment
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
At a glance
- President José Antonio Kast said Chile’s high unemployment remains an unresolved problem and contributes to public discouragement.
- He cited an unemployment rate of 9.5%, according to the INE, and linked weak economic performance partly to low investment and previous public spending.
- Kast said measures introduced during his first six months, including the Modo Empleo program, were beginning to produce results.
President José Antonio Kast says Chile’s unemployment problem is weighing on the public mood, even as he argues that the country is entering a period of economic recovery and hope.
In an interview with Radio ADN, Kast acknowledged that his government has not yet solved what he called “the issue of unemployment.” He linked the problem to the “discouragement” he perceives among citizens and said the unemployment rate stands at 9.5%, according to the National Statistics Institute.
There is still an issue that we have not been able to solve, which is unemployment.
Kast said the rate has been carried over from previous years. He also addressed July’s economic performance, which recorded a disappointing contraction of 1.5%. He attributed part of the situation to low investment and public spending in earlier years.
Despite those difficulties, the president said he “always sees the glass as half full.” He pointed to progress in investment, institutional recovery and confidence, as well as the conversion of his flagship reform into law. Kast also defended measures adopted during his first six months in office, including the Modo Empleo program, saying they are beginning to generate results.
I always see the glass as half full.
Originally published by Cooperativa in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.