Brazil Jobless Rate Falls to 11.6%

The unemployment rate in Brazil fell to 11.6 percent in the three months to December of 2018, from 11.9 percent in July-September period and 11.8 percent a year earlier. Compared with the three months ended in November, the jobless rate was unchanged, remaining the lowest since the three months to July 2016.
IBGE | Stefanie Moya | 1/31/2019 11:43:05 AM
Compared with the three months ended in September of 2018, the number of unemployed declined by 297 thousand to 12.195 million. 

Employment increased by 381 thousand to 93.002 million, with most of job gains occurring in internal trade, repair of motor vehicles and motorcycles (+266 thousand); information and communication activities, finance, real estate, professional and administrative activities (+190 thousand); transport and mail (+157 thousand); public administration, defense, social security and education (+54 thousand); and construction (+34). 

The number of people in the labour force rose by 83 thousand to 105.197 million and those detached from the labour force went up by 171 thousand to 65.369 million.

Compared with the same period of 2017, the number of unemployed fell by 116 thousand from 12.311 million, while employment advanced by 894 thousand from 92.108 million.

The average real income was estimated at BRL 2,254 in the three months to December, compared to BRL 2,237 in the three months to September and to BRL 2,241 a year earlier.

Brazil Jobless Rate Falls to 11.6%