The unemployment rate in Brazil stood at 11.1% in the three months to March of 2022, unchanged from the previous period and below market forecasts of 11.4%. It was the lowest jobless rate a quarter ending in March since 2016 when it was also 11.1%. The unemployed population remained primarily stable at 11.9 million persons, while the number of employed dropped by 472 thousand persons to 95.3 million. Among sectors, the bulk of job gains came from general industry (+931 thousand), followed by construction (+814 thousand) and trade, repair of motor vehicles and motorcycles (+2 million). Meanwhile, the employment rate came at 55.2%. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Unemployment Rate in Brazil averaged 10.52 percent from 2012 until 2022, reaching an all time high of 14.70 percent in March of 2021 and a record low of 6.20 percent in December of 2013. 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 May of 2022.

Unemployment Rate in Brazil is expected to be 12.20 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 11.00 percent in 2023, according to our econometric models.

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Brazil Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 12:00 PM Feb 11.2% 11.2% 11.4% 11.6%
2022-04-29 12:00 PM Mar 11.1% 11.2% 11.4% 11.6%
2022-05-31 12:00 PM Apr 11.1% 11.3%


Related Last Previous Unit Reference
Unemployment Rate 11.10 11.20 percent Mar 2022
Employed Persons 95.28 95.23 Million Mar 2022
Unemployed Persons 11.95 12.02 Million Mar 2022
Labor Force Participation Rate 62.30 62.50 percent Jan 2022
Wages 2548.00 2511.00 BRL/Month Mar 2022
Employment Rate 55.20 55.20 percent Mar 2022
Wages In Manufacturing 2484.00 2420.00 BRL/Month Feb 2022
Employment Change -3.60 -2.72 percent Feb 2016

Brazil Unemployment Rate
In Brazil, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
11.10 11.20 14.70 6.20 2012 - 2022 percent Monthly
NSA

News Stream
Brazil Jobless Rate Below Forecasts
The unemployment rate in Brazil stood at 11.1% in the three months to March of 2022, unchanged from the previous period and below market forecasts of 11.4%. It was the lowest jobless rate a quarter ending in March since 2016 when it was also 11.1%. The unemployed population remained primarily stable at 11.9 million persons, while the number of employed dropped by 472 thousand persons to 95.3 million. Among sectors, the bulk of job gains came from general industry (+931 thousand), followed by construction (+814 thousand) and trade, repair of motor vehicles and motorcycles (+2 million). Meanwhile, the employment rate came at 55.2%.
2022-04-29
Brazil Jobless Rate Below Forecasts
The unemployment rate in Brazil fell to 11.2% in the three months to February of 2022, from 11.6% in the three months to November of 2021 and slightly below market forecasts of 11.4%. It remained the lowest jobless rate for the period in six years, as the unemployed population shrank by 389 thousand persons to 12 million, while the number of employed remained stable at 95.2 million. Among sectors, the bulk of job gains came from other services (+189 thousand), followed by construction (+261 thousand). Meanwhile, the employment rate came at 55.2%.
2022-03-31
Brazil Jobless Rate Below Forecasts
The unemployment rate in Brazil fell to 11.2% in the three months to January of 2022, from 12.1% in the three months to October of 2021 and slightly below market forecasts of 11.4%. It was the lowest jobless rate for the period in six years, as the unemployed population shrank by 858 thousand persons to 12.05 million, while the number of employed people increased by almost 1.5 million people to 95.43 million. Among sectors, the bulk of job gains came from commerce (+436 thousand), followed by public administration (+282 thousand) and information, communication and financial, real estate, professional and administrative (+239 thousand). Meanwhile, the labour force participation rate went up by 0.2 percentage points to 62.3% and the employment rate rose 0.7 percentage points to 55.3%.
2022-03-18