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

Emirates Wants Bigger Share of Brazil’s Renewable Energy Industry

The minister of Foreign Affairs of the Emirates, Abdallah bin Zayed Nahyan, spoke to ...

Wedding Gown

I’ll make a scandal. If I tell something I know!… Don’t provoke me, Alaíde. ...

Brazilian Inflation to Be Below 6%, But Above Government’s Target

Brazil’s Broad Consumer Price Index (IPCA) is expected to end the year at around ...

Brazilian Congressman Fears Secret Deal Will Let Deputies Go Unpunished

The president of the Chamber of Deputies, Aldo Rebelo (PCdoB – Communist Party of ...

New Documents Show Role of Brazil’s President Elect as a Guerrilla Fighter

Dilma Rousseff, Brazil’s president-elect, gathered information and advised guerrilla groups bank hold-ups in the ...

Mercosur’s Members Urge in Brazil Urgent Creation of South American Parliament

Brazil presented the Mercosur Joint Parliamentary Commission, which is meeting in BrasÀ­lia, with a ...

Deed to Indians’ Land Gets Lost on Its Way to the Brazilian President’s Desk

The last stage in the process of recognizing an indigenous land in Brazil is ...

Big Oil in Brazil Opposes Rio Threat to End Tax Exemption

An initiative by Rio de Janeiro state government to withdraw from Brazil's nation-wide treaty ...

Despite Contraband and Costly Credit Brazil’s Electronic Sector Grows 15%

Television sets and DVD players were the chief items behind the sizeable growth of ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`