Brazil Labor Force Participation Rate - Forecast

Labor Force Participation Rate in Brazil is expected to be 61.35 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Brazil to stand at 61.43 in 12 months time. In the long-term, the Brazil Labor Force Participation Rate is projected to trend around 62.80 percent in 2020, according to our econometric models.


Forecast Data Chart
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Brazil Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 12.4 12.6 12.5 11.9 11.7 12.1
Employed Persons 91.24 91.05 91 91.13 91.13 92
Unemployed Persons 12.97 13.7 13.6 13.7 13.65 10
Labor Force Participation Rate 61.4 61.35 62 61.42 61.43 62.8
Labour Costs 119 122 125 120 120 139
Wages 2198 2175 2200 2230 2210 2500
Minimum Wages 954 954 954 1050 1050 1190
Population 208 209 209 210 210 212
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 2380 2400 2400 2450 2450 2550
Living Wage Individual 1450 1479 1479 1500 1500 1550
Productivity 119 122 145 120 120 162
Non Farm Payrolls -0.66 36 -200 45 50 30
Employment Rate 53.7 53.51 54.9 53.49 53.48 56
Wages High Skilled 4280 4430 4430 4500 4500 4600
Wages In Manufacturing 2199 2200 2230 2240 2200 2480
Wages Low Skilled 1310 1350 1350 1400 1400 1450