Brazil Unemployment Rate 2001-2014 | Data | Chart | Calendar | Forecast

Unemployment Rate in Brazil decreased to 4.70 percent in October of 2014 from 4.90 percent in September of 2014. Unemployment Rate in Brazil averaged 8.51 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).

   
  Forecast  

Brazil Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.90 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. Content for - Brazil Unemployment Rate - was last refreshed on Wednesday, November 26, 2014.


Brazil Unemployment Rate Keeps Falling


Brazilian jobless rate decreased for the second consecutive month to 4.7 percent in October of 2014 from 4.9 percent in September, as more people found a job. It is the lowest rate in ten months.

Unemployment fell slightly to 1.14 million persons from 1.18 million in the previous month and employment edged up by 175 thousand to 23.3 million. Yet, 277 thousand persons were underemployed in October, 11 thousand more than in the previous month.

The number of people either working or looking for work increased to 24 420 thousand in October from 24 286 thousand in September. Meanwhile, average real wage rose 2.3 percent month-over-month to R$ 2122.1.

Among regions, the unemployment rate fell the most in Salvador by 1.8 percent to 8.3 percent. In Rio de Janeiro, it increased by 0.4 percent to 3.8 percent and fell in São Paulo to 4.4 percent from 4.5 percent in September. 

A year earlier, the jobless rate was recorded at 5.2 percent. Yet, there were roughly the same 23.3 thousand employed persons while the number of people not attached to the labour force was lower (18.4 million in October of 2013 compared with 19 million in October of 2014). 

Joana Taborda | joana.taborda@tradingeconomics.com
11/19/2014 11:38:45 AM


Recent Releases

Brazil Unemployment Rate Falls in September
Brazilian jobless rate decreased to 4.9 percent in September of 2014 from 5 percent in August, below market expectations. Although it is the lowest rate for a September month ever, the economic active population decreased. Published on 2014-10-23

Brazil Unemployment Rate at 5% in August
Brazilian jobless rate edged up slightly to 5 percent in August from 4.9 percent in July. Yet, it is the lowest rate for an August month ever. Published on 2014-09-25


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-25 01:00 PM
Unemployment Rate  May 2014
4.9% 4.9% 4.9% 5%
2014-10-23 12:00 PM
Unemployment Rate  Sep 2014
4.9% 5.0% 5.1% 5.1%
2014-11-19 11:00 AM
Unemployment Rate  Oct 2014
4.7% 4.9% 5%
2014-12-19 11:00 AM
Unemployment Rate  Nov 2014
4.7% 4.3%
2015-01-29 11:00 AM
Unemployment Rate  Dec 2014
3.5%


Brazil Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 4.90 13.10 4.30 percent [+]
Employed Persons 23.27 23.10 23.46 14.36 Million [+]
Unemployed Persons 1.14 1.18 2.82 1.06 Million [+]
Wages 2129.40 2085.60 2457.22 1293.72 BRL [+]
Labour Costs 142.13 151.42 181.62 39.12 Index Points [+]
Population 201.03 199.24 201.03 72.74 Million [+]
Retirement Age Women 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 [+]
Employment Change 0.00 -0.39 5.99 -0.76 percent [+]
Minimum Wages 724.00 724.00 724.00 0.00 BRL [+]
Productivity 142.13 151.42 181.87 39.60 Index Points [+]
Wages In Manufacturing 116.60 116.90 116.90 98.70 Index Points [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.20 Oct/14 6.20 10.90 4.00 percent [+]
Brazil 4.70 Oct/14 4.90 13.10 4.30 percent [+]
Canada 6.50 Oct/14 6.80 13.10 2.90 percent [+]
China 4.10 Sep/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Sep/14 11.50 12.00 7.20 percent [+]
France 10.20 May/14 10.10 10.80 7.20 percent [+]
Germany 5.00 Sep/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.60 Sep/14 12.50 12.80 5.90 percent [+]
Japan 3.60 Sep/14 3.50 5.60 1.00 percent [+]
Mexico 4.78 Oct/14 5.08 5.93 2.22 percent [+]
Netherlands 8.00 Oct/14 8.00 8.80 3.40 percent [+]
Russia 5.10 Oct/14 4.90 14.10 4.80 percent [+]
South Korea 3.50 Oct/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.10 Oct/14 3.00 5.40 1.60 percent [+]
Turkey 10.10 Aug/14 9.80 16.10 8.00 percent [+]
United Kingdom 6.00 Sep/14 6.00 12.00 3.40 percent [+]
United States 5.80 Oct/14 5.90 10.80 2.50 percent [+]