Unemployment rate · Brazil

Brazil Unemployment Rate

The Brazil Unemployment Rate measures the share of the labour force in Brazil, people working or actively looking for work, who have no job but want one.

Importancia
Medium
Publicado
Monthly
Próxima publicación
Divisa
BRL · Brazilian real
Banco central
The Banco Central do Brasil

Últimas cifras

El último dato, de SEP, se publicó el 2026-10-30 y fue 5.2%. Está en línea con el consenso de 5.2%. Es menos que 5.3% la vez anterior.

Un resultado en línea con el consenso suele provocar poca reacción: ya estaba descontado.

En las últimas 12 publicaciones osciló entre 5.1% y 6.1%, con una media de 5.5%.

Nov 2025: 5.4%Dec 2025: 5.2%Jan 2026: 5.1%Mar 2026: 5.4%Mar 2026: 5.8%Apr 2026: 6.1%May 2026: 5.8%Jun 2026: 5.6%Jul 2026: 5.4%Aug 2026: 5.3%Sep 2026: 5.3%Oct 2026: 5.2% Nov 2025Oct 2026
Resultados reales; la línea corta sobre una barra marca el consenso.
PublicadoParaRealConsensoAnterior
30 Oct 2026SEP5.2%5.2%5.3%
29 Sep 2026AUG5.3%5.3%5.3%
27 Aug 2026JUL5.3%5.3%5.4%
30 Jul 2026JUN5.4%5.4%5.6%
26 Jun 2026MAY5.6%5.6%5.8%
28 May 2026APR5.8%5.9%6.1%
30 Apr 2026MAR6.1%6.1%5.8%
27 Mar 2026FEB5.8%5.7%5.4%
5 Mar 2026JAN5.4%5.4%5.1%
30 Jan 2026DEC5.1%5.1%5.2%
30 Dec 2025NOV5.2%5.4%5.4%
28 Nov 2025OCT5.4%5.5%5.6%

Verlo en el calendario económico →

Por qué importa

Full employment is part of most central banks' mandate. A falling unemployment rate means a tighter labour market, faster wage growth and more inflation pressure, which can keep the Banco Central do Brasil hawkish; a rising rate is one of the clearest recession signals (the US "Sahm rule" flags a 0.5-point rise in the three-month average).

Cómo se calcula

IBGE usually runs a household survey: people are counted as unemployed if they had no work, were available and looked for a job recently. The rate is unemployed ÷ (employed + unemployed). Registered jobless and claimant counts instead count people signed on for benefits. Participation is the labour force ÷ working-age population.

Unemployment rate = unemployed ÷ labour force × 100
Labour force = employed + unemployed

Qué significan los cambios

  • A lower rate than expected usually supports the Brazilian real.
  • Check participation: unemployment can fall because people stop looking, which is not good news.
  • Broader measures (US U-6) include part-timers who want more hours.

Mayor de lo esperado: A higher unemployment rate than expected points to a weakening labour market: the Brazilian real tends to soften as markets price in lower rates.

Menor de lo esperado: A lower unemployment rate than expected signals a tight labour market: it tends to support the Brazilian real and push bond yields up.

Una breve historia

Systematic unemployment statistics began in the 1930s Depression; the International Labour Organization's definition, adopted in 1982, is used by most countries today.

Preguntas

What is the Brazil Unemployment Rate?

The Brazil Unemployment Rate measures the share of the labour force in Brazil, people working or actively looking for work, who have no job but want one.

What was the latest Brazil Unemployment Rate?

5.2% for SEP, published on 30 October 2026 (consensus 5.2%, previous 5.3%).

When is the next Brazil Unemployment Rate?

On Friday 27 November 2026 at 12:00 UTC.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.