Unemployment in Brazil

Brazil Unemployment | Economic News & Forecasts

Brazil - Unemployment

Growth picked up somewhat in Q1 according to recent data, underpinned by a strong positive contribution from the external sector, as exports of goods and services rose sharply. In contrast, private consumption growth was unchanged from Q4, while government consumption growth slowed and fixed investment contracted at the fastest pace since Q2 2021. Investment was likely restrained by higher interest rates and inflation, and political uncertainty ahead of the October general elections. Turning to Q2, available data suggests the economy continues to expand amid fiscal support and as the impact of the pandemic fades, with the manufacturing and services PMIs averaging higher in April–May relative to Q1, and the unemployment rate falling to a fresh multi-year low in April. That said, tighter monetary conditions and double-digit inflation will likely be weighing on activity somewhat.

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.

Download

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.

Download

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