Employment Rate in Brazil decreased to 57.30 percent in January from 57.60 percent in December of 2023. Employment Rate in Brazil averaged 54.86 percent from 2012 until 2024, reaching an all time high of 57.60 percent in December of 2023 and a record low of 46.80 percent in August of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Employment Rate in Brazil is expected to be 57.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Employment Rate is projected to trend around 57.40 percent in 2025, according to our econometric models.
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| Related | Last | Previous | Unit | Reference |
|---|---|---|---|---|
| Employed Persons | 100.59 | 100.99 | Million | Jan 2024 |
| Employment Rate | 57.30 | 57.60 | percent | Jan 2024 |
| Labor Force Participation Rate | 62.10 | 62.20 | percent | Jan 2024 |
| Unemployed Persons | 8.29 | 8.08 | Million | Jan 2024 |
| Unemployment Rate | 7.60 | 7.40 | percent | Jan 2024 |
| Wages | 3078.00 | 3044.00 | BRL/Month | Jan 2024 |
| Wages in Manufacturing | 2998.00 | 2961.00 | BRL/Month | Jan 2024 |
Brazil Employment Rate
In Brazil, the employment rate measures the number of people who have a job as a percentage of the working age population.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 57.30 | 57.60 | 57.60 | 46.80 | 2012 - 2024 | percent | Monthly | NSA |
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