Labor Force Participation Rate in Brazil decreased to 61.90 percent in December from 62 percent in November of 2019. Brazil Labor Force Participation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Labor Force Participation Rate in Brazil averaged 61.45 percent from 2012 until 2019, reaching an all time high of 62.10 percent in May of 2019 and a record low of 60.80 percent in January of 2015. This page provides - Brazil Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Labor Force Participation Rate in Brazil is expected to be 62.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Brazil to stand at 62.50 in 12 months time. In the long-term, the Brazil Labor Force Participation Rate is projected to trend around 62.50 percent in 2021 and 62.80 percent in 2022, according to our econometric models.