Unemployment in Brazil

Brazil Unemployment | Economic News & Forecasts

Brazil - Unemployment

Brazil’s lackluster fourth quarter capped off a second, unenthusiastic year of economic recovery. Plunging inventories and weaker fixed investment caused growth to slow in Q4, while consumption was uneven. Public spending fell while private spending largely held up. Available indicators for the first quarter of 2019, meanwhile, have been patchy, revealing little positive carryover from last year’s stumble: Improved economic sentiment through February bodes well for domestic demand in the first quarter, but exports swung to contraction in February. In mid-February, Jair Bolsonaro took aim at the government’s strained finances and presented a bold vision for social-security reform. His ambitious plans, which set out to save more than BRL 1 trillion over the next decade, impressed markets. Congressional approval remains far from certain, however, and most analysts expect any successful legislation to get heavily watered down.

Brazil - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate7.1  6.8  8.5  11.5  12.7  

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Brazil Unemployment Chart


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

Brazil Facts

ValueChangeDate
Bond Yield8.90-0.82 %Mar 11
Exchange Rate3.84-0.13 %Mar 11
Stock Market98,027-0.11 %Mar 11

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