Unemployment drops to 6.2% in 2024, the annual historical minimum

by Andrea
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Reached the smallest level since 2012; the unoccupied population had no significant variation in the quarter and retreated 15.6% in the year

Brazil’s unemployment rate fell to 6.2% in the 4th quarter of 2024. Reached the lowest historical annual level, which began in 2012. The (Brazilian Institute of Geography and Statistics) released the result on Friday (31.jan.2025 ).

The vacancy rate had been 7.4% in the last quarter of 2023. Fell 1.2 percentage point in 1 year. In the 3rd quarter, the rate.

Brazil had 8.1 million Brazilians looking for employment in the 4th quarter of last year. There was no variation compared to the 3rd trimester. Compared to the year, the rate fell by 15.6%, totaling 6.8 million unemployed people.

Statistics are part of the continuous PNAD (National Household Sample Survey), released monthly by IBGE.

When the president (PT) took office, the unemployment rate was 7.9%. At that time, it was the.

The Brazilian labor market is warm. The GDP (Gross Domestic Product) in Brazil grew 3.2% in 2023 and should accelerate by 2024, according to projections. The official result will be released by IBGE in March.

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