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.

Importance
Medium
Publié
Monthly
Prochaine publication
Devise
BRL · Brazilian real
Banque centrale
The Banco Central do Brasil

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-30 et s’est établie à 5.2%. C’est conforme au consensus de 5.2%. C’est moins que 5.3% la fois précédente.

Un résultat conforme au consensus provoque généralement peu de réaction : il était déjà intégré dans les prix.

Sur les 12 dernières publications, la valeur est allée de 5.1% à 6.1%, avec une moyenne 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
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
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%

Voir dans le calendrier économique →

Pourquoi c’est important

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).

Mode de calcul

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

Ce que signifient les variations

  • 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.

Supérieur aux attentes : A higher unemployment rate than expected points to a weakening labour market: the Brazilian real tends to soften as markets price in lower rates.

Inférieur aux attentes : A lower unemployment rate than expected signals a tight labour market: it tends to support the Brazilian real and push bond yields up.

Un bref historique

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

Questions

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.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.