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. Unemployment Rate in Brazil averaged 9.77 percent from 2012 until 2019, reaching an all time high of 13.70 percent in March of 2017 and a record low of 6.20 percent in December of 2013. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Unemployment Rate in Brazil is expected to be 11.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Brazil to stand at 11.60 in 12 months time. In the long-term, the Brazil Unemployment Rate is projected to trend around 11.60 percent in 2020, according to our econometric models.

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Brazil Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.20 11.60 13.70 6.20 2012 - 2019 percent Monthly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 12:00 PM Aug 11.8% 11.8% 11.7% 11.6%
2019-10-31 12:00 PM Sep 11.8% 11.8% 11.6% 11.7%
2019-11-29 12:00 PM Oct 11.6% 11.8% 11.6% 11.7%
2019-12-27 12:00 PM Nov 11.2% 11.6% 11.4% 11.6%
2020-01-31 12:00 PM Dec 11.2% 11.7%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-11-29
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.

2019-10-31
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.

2019-09-27
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.

2019-08-30
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.

2019-07-31
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.

2019-06-28
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.


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.

Brazil Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.20 11.60 13.70 6.20 percent [+]
Employed Persons 94.42 94.06 94.42 87.63 Million [+]
Unemployed Persons 11.86 12.37 14.11 6.01 Million [+]
Labor Force Participation Rate 62.00 62.10 62.10 60.80 percent [+]
Labour Costs 97.17 107.54 181.87 39.60 points [+]
Wages 2332.00 2317.00 2335.00 2178.00 BRL/Month [+]
Minimum Wages 998.00 998.00 998.00 64.79 BRL/Month [+]
Population 208.49 206.80 208.49 72.74 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Living Wage Family 2360.00 2330.00 2370.00 2320.00 BRL/Month [+]
Living Wage Individual 1390.00 1400.00 1410.00 1360.00 BRL/Month [+]
Non Farm Payrolls 99.23 70.85 309.44 -654.95 Thousand [+]
Productivity 97.17 107.54 181.87 39.60 points [+]
Employment Rate 55.10 54.90 57.30 53.10 percent [+]
Wages High Skilled 4730.00 4040.00 4730.00 3650.00 BRL/Month [+]
Wages In Manufacturing 2282.00 2283.00 2351.00 2178.00 BRL/Month [+]
Wages Low Skilled 1440.00 1160.00 1440.00 1140.00 BRL/Month [+]