Unemployment in Brazil

Brazil Unemployment | Economic News & Forecasts

Brazil - Unemployment

After the economy shrank slightly in sequential terms in Q2, available data for Q3 paints a mixed picture. While overall activity grew at a robust rate in July, the economy appears to be operating at two different speeds. Externally, exports have been supported by rising commodity prices and strong foreign demand. However, domestically, industrial production shrank in July–August and retail sales tumbled at the fastest pace in eight months in August amid declining consumer confidence, likely pointing to muted household spending in the quarter. Moreover, business confidence fell throughout the quarter, likely reflecting concerns around the political situation: While President Bolsonaro has toned down his anti-democratic rhetoric in recent weeks, tensions remain high ahead of next year’s general elections.

Brazil - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate8.5  11.5  12.7  12.3  11.9  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Brazil Unemployment Chart

Brazil Unemployment
Note: Unemployment in % of active population.
Source: Brazil Institute of Geography and Statistics.

Brazil Facts

Value Change Date
Bond Yield6.79-0.82 %Dec 31
Exchange Rate4.02-0.13 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form