The unemployment rate in Brazil increased to 12.0 percent in the three months to January 2019 from 11.7 percent in the August-October period but fell from a 12.2 percent a year earlier. It compares with market expectations of 11.9 percent. It was the highest jobless rate since the three months to August 2018 period. Unemployment Rate in Brazil averaged 9.50 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.

Unemployment Rate in Brazil is expected to be 11.40 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 10.80 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.

Brazil Unemployment Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-29 11:00 AM Unemployment Rate 11.7% 11.9% 11.7% 11.7000
2018-12-28 11:00 AM Unemployment Rate 11.6% 11.7% 11.5% 11.6000
2019-01-31 11:00 AM Unemployment Rate 11.6% 11.6% 11.50%
2019-02-27 12:00 PM Unemployment Rate 12% 11.6% 11.9% 11.8%
2019-03-29 12:00 PM Unemployment Rate 12% 12.4%
2019-04-30 12:00 PM Unemployment Rate 12.2%
2019-05-31 12:00 PM Unemployment Rate 12.00%



Brazil Jobless Rate Above Estimates at 12%

The unemployment rate in Brazil increased to 12.0 percent in the three months to January 2019 from 11.7 percent in the August-October period but fell from a 12.2 percent a year earlier. It compares with market expectations of 11.9 percent. It was the highest jobless rate since the three months to August 2018 period.

Compared with the three months ended in October of 2018, the number of unemployed rose by 318 thousand to 12.669 million. 

Employment declined by 354 thousand to 92.547 million, with most of job losses occurring in agriculture, livestock, forestry, fishery and aquaculture (-192 thousand); industry (-345 thousand fewer); public administration, defense, social security and education (-175 thousand) and other services (-139 thousand). Meanwhile, job gains were recorded in transportation, warehousing and mail (+129 thousand); hotels and restaurants (+126 thousand); and information and communication activities, finance, real estate, professional and administrative activities (+167 thousand). 

The number of people in the labour force fell by 36 thousand to 105.217 million and those detached from the labour force went up by 403 thousand to 65.511 million.

Compared with the same period of 2018, the number of unemployed dropped by 20 thousand from 12.689 million, while employment increased by 846 thousand from 91.702 million.

The average real income was estimated at BRL 2,270 in the three months to January, compared to BRL 2,240 in the three months to October and to BRL 2,251 a year ago.


IBGE | Stefanie Moya | stefanie.moya@tradingeconomics.com
2/27/2019 12:38:15 PM



Brazil Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.00 11.60 13.70 6.20 percent [+]
Employed Persons 92.55 93.00 93.19 88.04 Million [+]
Unemployed Persons 12.67 12.20 14.18 6.05 Million [+]
Labor Force Participation Rate 61.60 61.70 61.90 60.90 percent [+]
Labour Costs 116.27 93.07 181.87 39.60 Index Points [+]
Wages 2270.00 2254.00 2270.00 2124.00 BRL/Month [+]
Minimum Wages 998.00 998.00 998.00 64.79 BRL/Month [+]
Population 207.66 206.08 207.66 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 [+]
Productivity 116.27 93.07 181.87 39.60 Index Points [+]
Non Farm Payrolls 34.31 -334.40 309.44 -654.95 Thousand [+]
Employment Rate 54.20 54.50 57.30 53.10 percent [+]
Wages High Skilled 4730.00 4040.00 4730.00 3650.00 BRL/Month [+]
Wages In Manufacturing 2227.00 2238.00 2287.00 2121.00 BRL/Month [+]
Wages Low Skilled 1440.00 1160.00 1440.00 1140.00 BRL/Month [+]


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. This page provides the latest reported value for - Brazil Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.00 11.60 13.70 6.20 2012 - 2019 percent Monthly
NSA




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 13.50 Dec/18
Brazil 12.00 Jan/19
Italy 10.50 Jan/19
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.80 Jan/19
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Feb/19
Indonesia 5.34 Sep/18
Australia 4.90 Feb/19
Russia 4.90 Feb/19
United Kingdom 3.90 Jan/19
China 3.80 Dec/18
United States 3.80 Feb/19
South Korea 3.70 Feb/19
Mexico 3.60 Jan/19
Netherlands 3.60 Jan/19
Germany 3.20 Jan/19
Switzerland 2.70 Feb/19
Japan 2.50 Jan/19
Singapore 2.20 Dec/18


Related

Latest