The unemployment rate in Brazil decreased to 9.8 percent in the three months to May of 2022 from 10.5 in the three months to February and below market forecasts of 10.2 percent. It was the lowest jobless rate for a quarter ending in May since 2015 when it was 8.3 percent. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Unemployment Rate in Brazil averaged 10.51 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 July of 2022.

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

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Brazil Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 12:00 PM Apr 10.5% 11.1% 11% 11.3%
2022-06-30 12:00 PM May 9.8% 10.5% 10.2% 10.4%
2022-07-29 12:00 PM Jun 9.8% 10.9%


Related Last Previous Unit Reference
Unemployment Rate 9.80 10.50 percent May 2022
Employed Persons 97.52 96.51 Million May 2022
Unemployed Persons 10.63 11.35 Million May 2022
Labor Force Participation Rate 62.30 62.50 percent Jan 2022
Wages 2613.00 2569.00 BRL/Month May 2022
Employment Rate 56.40 55.80 percent May 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
9.80 10.50 14.70 6.20 2012 - 2022 percent Monthly
NSA

News Stream
Brazil Jobless Rate Falls More Than Expected
The unemployment rate in Brazil decreased to 9.8 percent in the three months to May of 2022 from 10.5 in the three months to February and below market forecasts of 10.2 percent. It was the lowest jobless rate for a quarter ending in May since 2015 when it was 8.3 percent.
2022-06-30
Brazil Jobless Rate Falls More Than Expected
The unemployment rate in Brazil decreased to 10.5 percent in the three months to April of 2022 from 11.2 in the three months to January and below market forecasts of 11 percent. It was the lowest jobless rate for a quarter ending in April since 2015 when it was 8.1 percent. The number of unemployed persons declined by 5.8 percent, or 699 thousand to 11.3 million while employment rose by 1.1 percent, or 1.1 million to 96.5 million, the highest since comparable records began in 2012. Meanwhile, the employment rate rose 0.5 percentage points to 55.8 percent. The average monthly revenue for workers in April stood at BRL 2,569, stable from March but down 8 percent from the same period last year.
2022-05-31
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