Employment Rate in Brazil increased to 55.10 percent in November from 54.90 percent in October of 2019. Employment Rate in Brazil averaged 55.45 percent from 2012 until 2019, reaching an all time high of 57.30 percent in November of 2013 and a record low of 53.10 percent in March of 2017. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Employment Rate in Brazil is expected to be 55.00 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 54.70 in 12 months time. In the long-term, the Brazil Employment Rate is projected to trend around 55.10 percent in 2020, according to our econometric models.