News

Brazil Jobless Rate Drops to 14.1%
The unemployment rate in Brazil edged down to 14.1 percent in the three months to November of 2020 from 14.4 percent in the June to August period, slightly above market expectations of 14 percent. The number of unemployed rose by just 1.7 percent to 14.02 million and employment increased by 4.8 percent to 85.58 million. The labor force participation rate increased by 1.9 percentage points to 56.6 percent and the employment rate went up by 1.8 percentage points to 48.6 percent.
Published on 2021-01-28

Brazil Jobless Rate Rises to 14.3%
The unemployment rate in Brazil increased to 14.3 percent in the three months to October of 2020 from 13.8 percent in the May to July period but below market expectations of 14.7 percent as the coronavirus pandemic continues to take the toll on the labour market. The number of unemployed rose by 7.1 percent to 14.06 million and employment went up by 2.8 percent to 84.30 million. The labor force participation rate increased by 1.4 percentage points to 56 percent and the employment rate went up by 0.9 percentage points to 48 percent.
Published on 2020-12-29

Brazil Jobless Rate Soars to Fresh Record High of 14.6%
The unemployment rate in Brazil increased to 14.6 percent in the three months to September 2020 from 13.3 percent in the April to June period but below market expectations of 14.9 percent. It was the highest jobless rate on record as the coronavirus pandemic hit the labour market. The number of unemployed jumped by 10.2 percent to an all-time high of 14.09 million and employment fell by 1.1 percent to 82.46 million. The labor force participation rate declined by 0.1 percentage points to 55.1 percent and the employment rate went down by 0.8 percentage points to 47.1 percent.
Published on 2020-11-27

Brazil Jobless Rate Jumps to Fresh Record High of 14.4%
The unemployment rate in Brazil rose to 14.4 percent in the three months to August 2020 from 12.9 percent in the March to May period and above market expectations of 14.2 percent. It was the highest jobless rate on record, as the coronavirus pandemic hit the labour market. The number of unemployed increased by 8.5 percent to 13.79 million and employment declined by 5 percent to a record low of 81.66 million. The labor force participation rate decreased by 2.1 percentage points to an all-time low of 54.7 percent and the employment rate went down by 2.7 percentage points to a new record low of 46.8 percent.
Published on 2020-10-30

Brazil Jobless Rate Soars to Record High
The unemployment rate in Brazil jumped to 13.8 percent in the three months to July 2020 from 12.6 percent in the February to April period and above market expectations of 13.7 percent. It was the highest jobless rate on record, as the coronavirus pandemic hit the labour market. The number of unemployed rose by 2.5 percent to 13.13 million and employment dropped by 8.1 percent to a record low of 82.03 million. The labor force participation rate declined by 4.3 percentage points to a fresh all-time low of 54.7 percent and the employment rate decreased by 4.5 percentage points to a new record low of 47.1 percent.
Published on 2020-09-30

Brazil Jobless Rate Jumps to Over 3-Year High of 13.3%
The unemployment rate in Brazil jumped to 13.3 percent in the three months to June 2020 from 12.2 percent in the previous quarter and above market expectations of 13.2 percent. It was the highest jobless rate since the three months to May 2017, as the coronavirus pandemic hit the labour market. The number of unemployed fell by 0.5 percent to 12.79 million and employment declined by 9.6 percent to 83.35 million. The labor force participation rate dropped by 5.7 percentage points to a fresh record low of 55.3 percent and the employment rate went down by 5.6 percentage points to a new all-time low of 47.9 percent.
Published on 2020-08-06

Brazil Jobless Rate Rises to Over 2-Year High of 12.9%
The unemployment rate in Brazil increased to 12.9 percent in the three months to May 2020 from 11.6 percent in the December to February 2020 period, but slightly below market expectations of 13 percent. It was the highest jobless rate since the three months to April 2018, amid the coronavirus pandemic. The number of unemployed rose by 3 percent to 12.71 million while employment dropped by 8.3 percent to 85.94 million. The labor force participation rate declined by 4.8 percentage points to a fresh record low of 56.8 percent and the employment rate decreased by 5 percentage points to an all-time low of 49.5 percent.
Published on 2020-06-30

Brazil Jobless Rate Rises to Over 1-Year High of 12.6%
The unemployment rate in Brazil rose to 12.6 percent in the three months to April 2020 from 11.2 percent in the November to January 2020 period, but below market expectations of 13.3 percent. It was the highest jobless rate since the three months to March 2019, amid the coronavirus crisis. The number of unemployed increased by 7.5 percent to 12.81 million while employment declined by 5.2 percent to 89.24 million. The labor force participation rate fell by 2.7 percentage points to a record low of 59 percent and the employment rate went down by 3.2 percentage points to an all-time low of 51.6 percent.
Published on 2020-05-28

Brazil Jobless Rate Rises to Near 1-Year High of 12.2%
The unemployment rate in Brazil increased to 12.2 percent in the three months to March 2020 from 11 percent in the October to December 2019 period, but below market expectations of 12.5 percent. It was the highest jobless rate since the three months to May 2019, amid business closures and lockdowns due to the coronavirus pandemic. The number of unemployed rose by 10.5 percent to 12.85 million while employment dropped 2.5 percent to 92.22 million. The labor force participation rate fell 0.9 percentage points to 61 percent and the employment rate dropped by 1.6 percentage points to 53.5 percent.
Published on 2020-04-30

Brazil Jobless Rate Rises to 11.6%
The unemployment rate in Brazil rose to 11.6 percent in the three months to February 2020 from 11.2 percent in the September to November period, in line with market consensus. The number of unemployed increased by 4.0 percent to 12.34 million while employment fell by 0.7 percent to 93.71 million. The labor force participation rate declined 0.3 percentage points to 61.7 percent while the employment rate decreased 0.6 percentage points to 54.5 percent.
Published on 2020-03-31

Brazil Unemployment Rate Below Forecasts
The unemployment rate in Brazil fell to 11.2 percent in the three months to January 2020 from 11.6 percent in the August to October period, slightly below market consensus of 11.3 percent. The number of unemployed declined by 3.7 percent to 11.91 million while employment rose by 0.1 percent to 94.15 million. The labor force participation rate declined 0.4 percentage points to 61.7 percent while the employment rate decreased 0.1 percentage points to 54.8 percent.
Published on 2020-02-28

Brazil Jobless Rate Drops to Near 4-Year Low
The unemployment rate in Brazil fell to 11.0 percent in the fourth quarter of 2019 from 11.8 percent in the July to September period, in line with market consensus. That was the lowest rate since the first quarter of 2016, as the number of unemployed declined by 7.1 percent to 11.63 million while employment rose by 0.8 percent to 94.55 million. The labor force participation rate declined 0.2 percentage points to 61.9 percent while the employment rate increased by 0.3 percentage points to 55.1 percent.
Published on 2020-01-31

Brazil Jobless Rate Lowest Since 2016
The unemployment rate in Brazil declined to 11.2 percent in the three months to November of 2019 from 11.6 percent in the three months to October and 11.6 percent a year earlier. It was the lowest jobless rate since the three months to May 2016, and below market expectations of 11.4 percent as more temporary jobs were created in the retail to face the end-of-year holidays.
Published on 2019-12-27

Brazil Jobless Rate Drops to 11.6% as Expected
The unemployment rate in Brazil fell to 11.6 percent in the three months to October 2019 from 11.8 percent in the May to July period, in line with market consensus. The number of unemployed declined by 1.6 percent while employment rose by 0.5 percent. The labor force participation rate was unchanged at 62.1 percent while the employment rate increased by 0.2 percentage points to 54.9 percent.
Published on 2019-11-29

Brazil Jobless Rate Drops to 11.8%
The unemployment rate in Brazil fell to 11.8 percent in the three months to September 2019 from 12 percent in the April-June period, but above market consensus of 11.6 percent. The labor force participation rate was steady at 62.1 percent. In the corresponding period of 2018, the jobless rate was slightly higher at 11.9 percent.
Published on 2019-10-31

Brazil Jobless Rate Falls to 11.8%
The unemployment rate in Brazil fell to 11.8 percent in the three months to August 2019 from 12.3 percent in the March-May period, but slightly above market forecasts of 11.7 percent. The labor force participation rate was unchanged at 62.1 percent. In the corresponding period of 2018, the jobless rate was higher at 12.1 percent.
Published on 2019-09-27

Brazil Unemployment Rate Lower than Expected
The unemployment rate in Brazil fell to 11.8 percent in the three months to July 2019 from 12.5 percent in the February to April period, below market consensus of 11.9 percent. The number of unemployed declined by 4.6 percent while employment rose by 1.3 percent. The labor force participation rate increased to 62.1 percent from 61.9 percent in the previous three-month period.
Published on 2019-08-30

Brazil Jobless Rate Falls to 12% as Expected
The unemployment rate in Brazil fell to 12.0 percent in the second quarter of 2019 from 12.7 percent in the January to March period, in line with market consensus. The number of unemployed declined 4.6 percent while employment rose 1.6 percent.
Published on 2019-07-31

Brazil Jobless Rate Falls to 12.3%
The unemployment rate in Brazil fell to 12.3 percent in the three months to May 2019 from 12.4 percent in the December-February period, matching market forecasts. In the corresponding period of 2018, the jobless rate was higher at 12.7 percent.
Published on 2019-06-28

Brazil Jobless Rate Rises to 12.5%
The unemployment rate in Brazil rose to 12.5 percent in the three months to April 2019 from 12 percent in the November-January period, matching market expectations. In the same period of 2018, the jobless rate was higher at 12.9 percent.
Published on 2019-05-31