The economic team assessed the unemployment rate and stated that growth in employment and income supports economic growth
O assessed this Friday (June 26, 2026) that the Brazilian job market maintains a positive trajectory after the announcement of the unemployment rate of 5.6% in the quarter ended in May.
For the economic team, the result reinforces the resilience of activity even in an environment of high interest rates.
(Continuous National Household Sample Survey) by IBGE (Brazilian Institute of Geography and Statistics) show that the rate remained stable in relation to the quarter ended in February (5.8%) and was below the 6.2% recorded in the same period in 2025.
According to the Treasury, the combination of low unemployment, growth in formal employment and increased family income continues to support domestic consumption, one of the main drivers of economic activity in 2026.
The assessment is that the job market remains at a historically favorable level. The indicators “reinforce the scenario described in the May Macrofiscal Bulletin”according to which “the maintenance of unemployment at historically low levels and the expansion of the wage bill continue to support the growth of domestic demand”.
