Brazil’s unemployment rate fell to 5.6% in the rolling quarter ending in May 2026 from 5.8% in the previous period, matching forecasts and marking the lowest reading since January. The number of unemployed stood at 6.1 million, broadly unchanged from the prior quarter, while employment rose 0.5%. Sector data showed quarterly gains in transportation and public administration, while annual growth was led by agriculture, transportation, and public services. Domestic services remained the only sector to post an annual decline. The underemployed population due to insufficient working hours fell 5.7% in the quarter, while the number of discouraged workers dropped 10.2%. The informality rate edged down to 37.3% of total employment from 37.5%. Meanwhile, average real monthly earnings across all jobs held steady at BRL 3,726. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Unemployment Rate in Brazil decreased to 5.60 percent in May from 5.80 percent in April of 2026. Unemployment Rate in Brazil averaged 9.63 percent from 2012 until 2026, reaching an all time high of 14.90 percent in September of 2020 and a record low of 5.10 percent in December of 2025. This page provides the latest reported value for - Brazil Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
Unemployment Rate in Brazil decreased to 5.60 percent in May from 5.80 percent in April of 2026. Unemployment Rate in Brazil is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Unemployment Rate is projected to trend around 6.90 percent in 2027 and 7.10 percent in 2028, according to our econometric models.