Brazil Unemployed Persons - Forecast

Unemployed Persons in Brazil is expected to be 12.90 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Brazil to stand at 12.00 in 12 months time. In the long-term, the Brazil Unemployed Persons is projected to trend around 9.00 Million in 2020, according to our econometric models.


Brazil Unemployed Persons
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Brazil Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 12 11.8 11.4 11.2 10.9 9.8
Employed Persons 91.95 91.2 91.1 91.57 91 92
Unemployed Persons 12.57 12.9 12.9 12.05 12 9
Labor Force Participation Rate 61.9 61.9 61.9 61.44 62 62.8
Labour Costs 122 122 122 123 125 139
Wages 2142 2058 2025 2089 2100 2500
Minimum Wages 937 1090 1090 1090 1090 1280
Population 206 208 208 209 209 212
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 2380 2383 2385 2386 2387 2386
Living Wage Individual 1450 1467 1473 1479 1486 1477
Productivity 122 124 124 123 145 162
Non Farm Payrolls -12.29 25 58 59.77 30 20
Employment Rate 54.4 54.5 54.4 54.53 54.9 56
Wages High Skilled 4280 4290 4290 4066 4430 4600
Wages In Manufacturing 2113 2075 2078 2059 2140 2560
Wages Low Skilled 1310 1280 1290 1193 1300 1350