Brazil Unemployment Rate

Unemployment Rate in Brazil decreased to 4.90 percent in April of 2014 from 5 percent in March of 2014. Unemployment Rate in Brazil averaged 8.65 Percent from 2001 until 2014, reaching an all time high of 13.10 Percent in August of 2003 and a record low of 4.30 Percent in December of 2013. Unemployment Rate in Brazil is reported by the Instituto Brasileiro de Geografia e Estatística (IBGE).

   
 
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Brazil Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
4.90 5.00 13.10 4.30 2001 - 2014 Percent Monthly
In Brazil, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force in six Metropolitan Areas: Recife, Salvador, Belo Horizonte, Rio de Janeiro, São Paulo and Porto Alegre. This page provides - Brazil Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.


Brazil Unemployment Edges Down to 4.9%


Brazilian jobless rate fell slightly for the second consecutive month to 4.9 percent in April of 2014 from 5 percent in March, as more people dropped out from the labor force.

The number of unemployed people fell 17 percent compared with a year earlier to 1.2 million people, but showed no changes over the previous month. While employment remained flat at 22.9 million people, the number of people either employed or actively looking for work fell 0.85 percent over a year earlier.

Average real wages at R$ 2028 fell slightly by 0.6 percent from March to April, but increased 2.6 percent over the previous year. Compared with the previous month, construction recorded the highest wage increase (2.3 percent), while wages in education, health and social services sector fell the most by 2.4 percent.
Year-on-year, earnings surged 10.8 percent in construction and decreased 1 percent in mining, manufacturing, electricity and gas production. 

Regionally, unemployment increased in Recife to 6.3 percent but São Salvador recorded the highest jobless rate (9.1 percent from 9.2 percent in March). Unemployment was recorded at 5.2 percent in São Paulo and 3.5 percent in Rio de Janeiro.

Joana Taborda | joana.taborda@tradingeconomics.com
5/22/2014 2:41:04 PM


Recent Releases

Brazil Unemployment Rate Down to 5%
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent. Published on 2014-04-17

Brazil Unemployment Rate Up to 4-Month High
In February of 2014, Brazilian jobless rate rose for the second straight month to 5.1 percent, up from 4.8 percent in the previous month. Despite the rise, it is the lowest-ever rate for any February month and compares with 5.6 percent a year earlier. Published on 2014-03-27


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-02-20 12:00 PM Brazil
Unemployment Rate
Jan 2014 4.8% 4.3% 5.1% 4.6%
2014-03-27 12:00 PM Brazil
Unemployment Rate
Feb 2014 5.1% 4.8% 5.1% 4.9%
2014-04-17 01:00 PM Brazil
Unemployment Rate
Mar 2014 5.0% 5.1% 5.4% 5.6%
2014-05-22 01:00 PM Brazil
Unemployment Rate
Apr 2014 4.9% 5.0% 5.2% 5.3%
2014-08-07 01:00 PM Brazil
Unemployment Rate
May 2014 4.9% 5.1% 5%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 5.00 13.10 4.30 Percent [+]
Employed Persons 22.94 22.92 23.46 14.36 Million [+]
Unemployed Persons 1.17 1.21 2.82 1.06 Million [+]
Wages 2046.31 2059.87 2457.22 1293.72 BRL [+]
Labour Costs 163.70 159.67 181.62 39.12 Index Points [+]
Population 193.94 192.38 193.94 72.74 Million [+]
Retirement Age Women 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 [+]





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