At 8.2%, Unemployment in Brazil Hasn’t Been That Good in 5 Years

A job line in Brazil The job market in Brazil seems to be improving. Unemployment rate among the Economically Active Population (EAP) was 8.2% in the six major Brazilian metropolitan regions in November. The data were taken from the Monthly Employment Survey (PME) disclosed this Thursday, December 20, by the IBGE (Brazilian Institute of Geography and Statistics).

The number of unemployed persons was 1.922 million. According to the IBGE, this is the first time ever in the historical series of the survey (initiated in March 2002) that the number of unemployed persons was lower than 2 million workers, in a month of November.

Taking all months of the year into consideration, the number of unemployed persons is also below the 2-million mark in December 2005 and December 2006.

The rate recorded in November this year was the lowest since the beginning of the historical series, and translates into a 0.5% decrease compared with October.

The data disclosed by the IBGE show, on the other hand, that the total occupied personnel in the six metropolitan regions surveyed recorded no significant statistical variation in October, but grew 3.5% in comparison with November 2006. Unemployed population, though, decreased 5% as against October, and 12% compared with November last year.

Another data in the survey regards real habitual average of employed persons, which was 1,143.60 reais (US$ 634.66), an expansion both by the monthly comparison (1.3%), and the annual one (2.4%).

Real household income per capita, at 733,90 reais (US$ 407.29), grew 2.8% in the month and 4.5% in the year. Average real income mass for employed persons total led 24.6 billion reais (US$ 13.6 billion), a growth of 1.9% for the month and 5.4% for the year.

In a month-to-month comparison per region, the IBGE survey shows stable unemployment rates in all metropolitan regions.

In a comparison with November 2006, decreases were recorded in the metropolitan regions of Recife, in Northeast Brazil (1.4 %); Belo Horizonte, in the Southeast (1.8 %); Rio de Janeiro, in the Southeast (0.8 %); São Paulo, also in the Southeast (1.5 %); and Porto Alegre, in the South (1.9 %). In the metropolitan region of Salvador, the situation remained stable.

ABr

Tags:

You May Also Like

Brazil’s Central Bank Workers Go Back on Strike Tuesday

The two-day strike of Brazil’s Central Bank employees ended, Thursday, August 25, but will ...

With and Eye to the US Market Brazil’s Glasart Reinvents Household Accessories

Mirrors with typical Brazilian adornments, such as buriti straw and banana tree fibre, aimed ...

Brazil’s GDP Up 5.2%, Best in 10 Years

Brazil’s Gross Domestic Product (GDP) – the total of goods and services produced in the ...

Real Income Gets Modest Boost in Brazil

In January, the real average income of workers in the six main metropolitan regions ...

Shoe Exports Drop 4% in Brazil, But Revenues Are Up

Revenues with Brazilian shoes exports increased by 3% in the first quarter of the ...

A truck in Brazilian road

A Bullish Brazil Betting on 4.2% Growth for 2007

The National Confederation of Industries (CNI), an organization that represents Brazilian industry, forecasts growth ...

Brazil: In Rio’s Poorest Areas 70% of Birth Certificates Have No Father’s Name

An unprecedented campaign to encourage voluntary recognition of paternity is being promoted in all ...

We, from Brazil’s Landless, Denounce Syngenta and Its Crimes Against Humanity

We, from the Landless Movement in Brazil (MST), would like to share with you the ...

US Loses WTO Cotton War Against Brazil

The World Trade Organization (WTO) confirmed a previous ruling in favor of Brazil on ...

Brazil Is Bleeding Money and Ideas

Anyone can see now that Brazil’s Workers’ Party (PT) administration had no alternatives, never ...