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Mario Marcel joins UDP and criticizes the Chile Takes Off employment plan
The former finance minister will teach at UDP starting in November and argues that the 2027 Budget does very little for employment.
Ministry of Public Works puts 148 contracts out to tender under Chile Despega plan to tackle unemployment
The Ministry of Public Works shortened tender timelines and aims to have work underway on site between December and January, with around 23,000 jobs.
Dollar near $1,000 and fuel subsidy worry Finance Ministry
Minister Jorge Quiroz faces pressure from his own political camp to spend more, while unemployment reaches 9.6% and mining drags down the economy.
Minister Rau rejects new pension fund withdrawal for unemployed people
The labor minister said pension withdrawals fueled inflation and weakened the funds, and defended existing employment subsidies.
Kast to make Enade debut with focus on growth, jobs and security
The President will reaffirm his targets of 6% unemployment and 4% growth before business leaders at his first meeting with them as president.
Kast launches Enadi to anticipate jobs from major investment projects
Minister Tomás Rau used Metro Line 9, which projects 22,000 people working on site, as an example of the information the plan seeks to organize.
Kast resists allies’ pressure for a major cabinet reshuffle
The ruling parties consider La Moneda’s political model exhausted, but the President plans substantial changes only in 2027.
Fitch welcomes the 2027 budget adjustment but questions whether it will last
The ratings agency maintains Chile’s A- rating and attributes the fiscal improvement more to copper and lithium than to the government’s spending cuts.
PDG considers pension fund withdrawals for the long-term unemployed
An internal report estimates that some 215 thousand people could borrow from their own savings, totaling US$410 million, and the government rejects the proposal.
Minvu opens 20 thousand places for the Building Materials Bank Card 2.0 for houses and apartments
Families between the 40% and 90% brackets of the Social Household Registry can apply from November 9 for amounts of up to 40 UF for roofs, bathrooms, floors and perimeter fences.
Kast calls for party unity to reach agreements on security, jobs and nursery care
The President cited the withdrawal of his reform on states of emergency as an example that a cross-party agreement is possible in Congress.
Communist Party proposes emergency family income benefit for nearly a million unemployed people
Lautaro Carmona called for direct state aid for unemployed people and the resumption of public works amid what he described as economic stagnation.
