Employment Rate in Brazil decreased to 49.50 percent in May from 51.60 percent in April of 2020.
Employment Rate in Brazil averaged 55.31 percent from 2012 until 2020, reaching an all time high of 57.30 percent in November of 2013 and a record low of 49.50 percent in May of 2020. This page provides - Brazil Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Employment Rate - values, historical data and charts - was last updated on July of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Employment Rate in Brazil is expected to be 49.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Brazil to stand at 50.50 in 12 months time. In the long-term, the Brazil Employment Rate is projected to trend around 52.00 percent in 2021 and 54.60 percent in 2022, according to our econometric models.