Brazil’s unemployment rate decreased to 13.2 percent in the three months ending in August of 2021, from 14.6 percent in the three months to May of 2021, and below market expectations of 13.4 percent. It was the lowest rate since May of 2020, as the unemployed population shrank by 1,14 million to 13.67 million, while the number of employed people surged by almost 3,5 million to 90.18 million. Meanwhile, the labour force participation rate inched up by 1.4 percentage points to 58.6 percent and the employment rate rose 1.0 percentage points to 50.9 percent. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Unemployment Rate in Brazil averaged 10.45 percent from 2012 until 2021, reaching an all time high of 14.70 percent in March of 2021 and a record low of 6.20 percent in December of 2013. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Unemployment Rate in Brazil is expected to be 12.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Unemployment Rate is projected to trend around 12.40 percent in 2022 and 11.00 percent in 2023, according to our econometric models.

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Brazil Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-09-30 12:00 PM Jul 13.7%% 14.1% 13.9% 14.1%
2021-10-27 12:00 PM Aug 13.2% 13.7% 13.4% 13.7%
2021-11-30 12:00 PM Sep 13.2% 12.9%


Related Last Previous Unit Reference
Unemployment Rate 13.20 13.70 percent Aug/21
Unemployed Persons 13.66 14.09 Million Aug/21
Employed Persons 90.19 89.04 Million Aug/21
Labor Force Participation Rate 58.60 58.20 percent Aug/21
Wages 2489.00 2508.00 BRL/Month Aug/21
Employment Rate 50.90 50.20 percent Aug/21
Wages In Manufacturing 2466.00 2446.00 BRL/Month Jul/21
Employment Change -3.60 -2.72 percent Feb/16

News Stream
Brazil Jobless Rate falls to 13.2% in August
Brazil’s unemployment rate decreased to 13.2 percent in the three months ending in August of 2021, from 14.6 percent in the three months to May of 2021, and below market expectations of 13.4 percent. It was the lowest rate since May of 2020, as the unemployed population shrank by 1,14 million to 13.67 million, while the number of employed people surged by almost 3,5 million to 90.18 million. Meanwhile, the labour force participation rate inched up by 1.4 percentage points to 58.6 percent and the employment rate rose 1.0 percentage points to 50.9 percent.
2021-10-27
Brazil Jobless Rate at One-Year Low
Brazil’s unemployment rate dropped to 13.7 percent in the three months ending in July of 2021, from 14.7 percent in the three months to April of 2021, and below market expectations of 13.9 percent. It was the lowest rate recorded since June of 2020 as the economic activity continued to show signs of improvement. The unemployed population shrank by 676 thousand persons to 14.1 million, while the number of employed people surged by 3,1 thousand people to 89 million. Meanwhile, the labour force participation rate inched up by 1.3 percentage points to 58.2 percent and the employment rate rose 1.7 percentage points to 50.2 percent.
2021-09-30
Brazil Jobless Rate Drops More than Expected
Brazil’s unemployment rate dropped to 14.1 percent in the second quarter of 2021, from 14.7 percent in the March quarter, and compared to market expectations of 14.4 percent. From April to June, the pandemic in Brazil was under control despite new covid-19 cases hitting a record in June, while economic activity showed signs of improvement. The unemployed population shrank by 361 thousand persons to 14.44 million, while the number of employed people surged by 2,141 thousand people to 87.79 million. Meanwhile, the labour force participation rate inched up by 0.9 percentage points to 57.7 percent and the employment rate rose 1.2 percentage points to 49.6 percent.
2021-08-31

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.