Unemployment falls to 9.3%, the lowest rate for the quarter since 2015

Data published by IBGE show that, even with the downturn, more than 10 million Brazilians remain unemployed.

Alex de Jesus/O Tempo/Estadão ContentsCaucasian man with short hair and wearing a mask, face out of focus, shows a workbook with his right hand
The number of workers with formal contracts has increased in the last quarter

The fee of unemployment IN Brazil between April and June it fell by 1.8% and went to 9.3%. The data was published by Brazilian Institute of Geography and Statistics (IBGE) this Friday, 29. The decrease is observed compared to the data obtained between January and March of this year, when the rate was 11.1%. Compared to the same quarter of 2021, the rate fell by 4.9%, going from 14.2% in the current indicator. This is the lowest unemployment rate for the quarter since 2015, when the index was 8.4%. However, 10.1 million people are still unemployed – in the last quarter, the total number of unemployed was 12 million. The number of employees increased by 3.1% in relation to the previous quarter, reaching the record of the series started in 2012 and at 98.3 million. Compared to the same period in 2021, the total increased by 9.9%, which means that 8.9 million people managed to working in the period.

Other data released by IGBE also show that there has been an increase in the number of employees with the signed work card (with the exception of domestic workers). The total of this balance was 35.8 million, marking an increase of 2.6%, equivalent to 908 thousand people, in relation to the previous quarter. Compared to 2021, the increase is 11.5%, which represents 3.7 million employed. The rate of informality has decreased by 0.1% compared to the previous quarter, going from 40.1% to 40%. Compared to the same period a year ago, the index was the same. In absolute terms, the number of informal workers jumped to 39.3 million, setting a record for the historic streak that began in 2016.

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