Brazil Employment Change - Forecast

Employment Change in Brazil is expected to be -3.49 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Brazil to stand at -3.49 in 12 months time. In the long-term, the Brazil Employment Change is projected to trend around 1.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Brazil Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 12.1 12 11.7 11.3 11 11.1
Employed Persons 92.08 91 92.39 92.38 92.39 92
Unemployed Persons 12.71 12.4 12.3 12.3 12.25 12
Labor Force Participation Rate 61.6 62 61.65 61.62 61.62 62.8
Labour Costs 101 95 90 95 100 115
Wages 2225 2250 2240 2220 2250 2370
Minimum Wages 954 954 1050 1050 1050 1190
Population 208 209 210 210 210 212
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 2380 2400 2450 2450 2450 2550
Living Wage Individual 1450 1479 1500 1500 1500 1550
Productivity 101 95 90 95 100 115
Non Farm Payrolls 137 -200 45 -0.4 30 30
Employment Rate 54.1 54.9 54.2 54.2 54.2 56
Wages High Skilled 4280 4430 4500 4500 4500 4600
Wages In Manufacturing 2257 2250 2280 2270 2250 2340
Wages Low Skilled 1310 1350 1400 1400 1400 1450