Chile’s president unpopular despite great economy

Published January 31, 2013 8:49pm ET



SANTIAGO, Chile (AP) — Chile announced another drop in unemployment on Thursday, along with low inflation and fast growth, numbers most leaders can only dream after a global economic crisis. But President Sebastian Pinera’s popularity remains in the dumps.

The Andean country’s jobless rate fell to 6.1 percent in the last quarter of 2012, the lowest in nearly six years, thanks to seasonal farm jobs and a fast economic expansion, the government said. The world’s top copper producer closed the year with 5.5 percent growth and kept inflation at just 1.5 percent, way under the central bank’s target.

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