Brazil Employment Change  Forecast


Employment Change in Brazil is expected to be 1.80 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 -0.44 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.


Brazil Employment Change
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Brazil Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 12.6 12.1 11.8 11.4 11.2 9.8
Employed Persons 91.06 91 91.2 91.1 90.58 92
Unemployed Persons 13.11 13.5 12.9 12.9 12.22 9
Labor Force Participation Rate 61.8 61.8 61.9 61.9 61.31 62.8
Labour Costs 129 120 122 122 125 139
Wages 2105 2050 2058 2025 2089 2500
Minimum Wages 937 937 1090 1090 1090 1280
Population 206 207 208 208 209 212
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Wages High Skilled 4100 4250 4290 4290 3734 4600
Wages In Manufacturing 2104 2060 2075 2078 2059 2560
Wages Low Skilled 1200 1250 1280 1290 1087 1350
Living Wage Family 2187 2259 2259 2259 2259 2259
Living Wage Individual 1609 1676 1677 1677 1677 1677
Productivity 129 138 126 125 125 162
Non Farm Payrolls 34.39 19 25 58 60.15 20
Employment Change -3.6 1.8 -3.5 3 -0.44 1
Employment Rate 54 54.4 54.5 54.4 54.38 56