He retreated 1 percentage point in the quarter ended in July compared to the previous quarter; evacuation reaches 6.1 million
Brazil’s unemployment rate fell to 5.6% in the quarter from May to July. It reached the lowest level in the historical series, which began in 2012. It retreated 1.0 percentage point compared to the previous quarter, from February to April, when it was 6.6%. In absolute numbers, the eviction reaches 6.1 million people.
The (Brazilian Institute of Geography and Statistics) released the result this Thursday (16.Set.2025). The median of the projections of financial agents indicated that the unemployment rate would be 5.7% in the quarter ended in July. The slightest history was the quarter ended in June, when it was 5.8%.
The unemployment rate fell 1.2 percentage point compared to the same period (quarter ended in July) last year.
The data show resilience of the labor market in high interest rates. The basic rate, Selic, to 15% per year in June, but has been over 2 digits since February 2022.
The performance of the job market has also impacted on the positive rates of GDP (Gross Domestic Product). In the 2nd quarter of the year, it rose 0.5% over the previous quarter in the seasonal adjustment series.
