Unemployment Is Up in Brazil

After falling for three consecutive months, Brazil’s unemployment rate rose slightly to 11.4% in August – a statistically insignificant difference from the rate in July when it was 11.2%, reports the Brazilian government statistical bureau (IBGE).

That works out to 2.5 million unemployed in August, compared to 2.4 million in July (or, looking at the situation from the other side: there were 19.2 million workers in August and 19.1 million in July).


Just how much the situation has improved can be seen by going back a year and looking at August 2003, when there were 2.8 million unemployed.

However, according to the latest IBGE monthly employment survey, women continue to lead men in unemployment. In August 2002, 53.1% of the unemployed were women; in August 2003, 55.4%; and in August 2004, 56.1%.


As recently as last month, the Brazilian government was acting on the premise that it is possible to generate jobs in sufficient quantity not only to meet the demands of those who are entering the labor market but also to reduce the overall unemployment rate.


This could cause the unemployment rate to fall below 10% before the year is out, affirmed the Minister of Labor, Ricardo Berzoini.

“This encourages us greatly, because it represents a significant conquest by the government in reducing unemployment, which is a central goal of economic policy,” Berzoini said.

“This could mean even more than ten million jobs by the end of the Administration’s mandate,” the Minister claimed, following an address to members of the Association of Sales and Marketing Executives of Brazil.


For the Minister, the current statistics are very promising, since there was a 2% reduction in the country’s unemployment level in three months.

Agência Brasil

Tags:

Ads

You May Also Like

Brazil Has Already Exported US$ 94 Bi with US$ 32 Bi Surplus

According to figures  released today, September 18, by Brazil’s Ministry of Development, Industry and ...

Brazil: 44 Women Killed by Their Partners in Recife, in One Month

The head of Brazil’s Special Secretariat for Women Policies, Minister Nilcéa Freire, says that ...

What Brazil Needs Are Real Jobs

The director of the International Labor Organization (ILO) in Brazil, Armand Pereira, affirmed that ...

Brazil Expecting US$ 10 Billion Drop in Trade Balance Surplus

Brazil's trade balance surplus (the difference between exports and imports) has reached this year ...

Brazilian Banks Not Known for Generous Lending

The total value of loans made in Brazil in January was US$ 283.406 billion ...

The Art of Being Brazilian

The Brazilian jeitinho is a means that Brazilians use to accomplish things— it may ...

Unable to Forecast Them, Brazil Gets Hit by Tornadoes

They are rare in Brazil, but they do happen. Ask someone from Criciúma. The ...

Brazil Confident Its Stem-Cell Treatment Will Save 200,000 Lives in Three Years

In what is described as the world’s biggest experiment in the use of stem-cell ...

Brazilian Fashion Expected to Grow 15% in 2005

The sixth edition of Fashion Business, an exchange mart for Brazilian fashion, was officially ...

Brazil Releases 3,000 Plant Species Names to Prevent Biopiracy

In commemoration of World Biodiversity Day, which happened Monday, May 22, the Brazilian government ...