Brazil Unemployment Rate 3-months

Country:
Brazil
BRL, Brazilian real
Sector:
Labor
Medium 12.9% 12.9%
12.6%
Last release Importance Actual Forecast
Previous
12.7%
12.9%
Next release Actual Forecast
Previous
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The unemployment rate is published by the Brazilian Institute of Geography and Statistics (IBGE) and is realized through the National Household Sample Survey (PNAD).

The National Household Sample Survey (PNAD) is performed monthly based on the observation of the economically active population, having a household unit as sample. However, it is not possible to realize this survey in an absolute way for the entire population. PNAD follows mainly the quarterly waves, with the objective of mapping in the short, medium and long term the workforce situation and other useful data for the study of the socioeconomic development of Brazil. In order to meet its objectives, the collection of information is realized and published through quarterly indicators, which describe the workforce situation, as well as annual indicators on additional continuous facts (such as jobs and other forms of work, care of people and tasks communication technology, and others).

This research was launched as an experiment in October 2011 and, from January 2012 onward, was made official throughout the Brazilian Territory. The unemployment rate is one aspect among several others considered by the Continuous PNAD.

The unemployment rate is inversely proportional to GDP growth and tends to react with a certain delay to the economic cycle. For example, if the economy starts to have a period of GDP growth, the unemployment rate (unemployment) does not respond immediately to this growth, it requires some time to be reduced. This is because the market initially reacts with an increase in production, raising the working hours of employees; when this solution is not enough, the phase of hiring new employees begins with the aim of increasing production, and the unemployment rate finally begins to decline.

The Continuous National Household Sample Survey (Continuous PNAD) is disclosed in the IBGE Automatic Recovery System (SIDRA). A decrease in unemployment reflects economic growth and can have a positive effect on the Brazilian real (BRL).

Last values:

actual data

forecast

The chart of the entire available history of the "Brazil Unemployment Rate 3-months" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020
12.9%
12.9%
12.6%
Apr 2020
12.6%
12.3%
12.2%
Mar 2020
12.2%
11.8%
11.6%
Feb 2020
11.6%
11.3%
11.2%
Jan 2020
11.2%
11.0%
11.0%
Dec 2019
11.0%
10.8%
11.2%
Nov 2019
11.2%
11.3%
11.6%
Oct 2019
11.6%
11.8%
11.8%
Sep 2019
11.8%
12.0%
11.8%
Aug 2019
11.8%
11.5%
11.8%
Jul 2019
11.8%
12.0%
12.0%
Jun 2019
12.0%
12.1%
12.3%
May 2019
12.3%
12.1%
12.5%
Apr 2019
12.5%
12.7%
12.7%
Mar 2019
12.7%
12.8%
12.4%
Feb 2019
12.4%
12.5%
12.0%
Jan 2019
12.0%
11.8%
11.6%
Dec 2018
11.6%
11.6%
Nov 2018
11.6%
11.7%
Oct 2018
11.7%
11.9%
Sep 2018
11.9%
12.1%
Aug 2018
12.1%
12.3%
Jul 2018
12.3%
12.4%
Jun 2018
12.4%
12.7%
May 2018
12.7%
12.9%
Apr 2018
12.9%
13.1%
Mar 2018
13.1%
12.6%
Feb 2018
12.6%
12.2%
Jan 2018
12.2%
11.8%
Dec 2017
11.8%
12.0%
Nov 2017
12.0%
12.2%
Oct 2017
12.2%
12.4%
Sep 2017
12.4%
12.6%
Aug 2017
12.6%
12.8%
Jul 2017
12.8%
13.0%
Jun 2017
13.0%
13.3%
May 2017
13.3%
13.6%
Apr 2017
13.6%
13.7%
Mar 2017
13.7%
13.2%
Feb 2017
13.2%
12.6%
Jan 2017
12.6%
12.0%
Dec 2016
12.0%
11.9%
Nov 2016
11.9%
11.8%
Oct 2016
11.8%
11.8%
Sep 2016
11.8%
11.8%
Aug 2016
11.8%
11.6%
Jul 2016
11.6%
11.3%
Jun 2016
11.3%
11.2%
May 2016
11.2%
11.2%
Apr 2016
11.2%
10.9%

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