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Unemployment rises in Brazil; see the numbers

Written by Alisson Ficher
Published 29/03/2024 às 11:40
IBGE releases figures on unemployment in Brazil. (Image/Reproduction)
IBGE releases figures on unemployment in Brazil. (Image/Reproduction)

Numbers collected by the National Household Sample Survey (PNAD) Continuous and published by the Brazilian Institute of Geography and Statistics (IBGE) show that the unemployment rate in Brazil rose in the quarter ending in February. Read the article and check the numbers.

A survey released by IBGE showed that the unemployment rate in Brazil was 7,8% in the quarter ended in February.

This percentage is 0,3% higher than that recorded in the immediately previous quarter, when unemployment was 7,5%. Now, compared to the same quarter in 2023, it is noted that this rate was lower, given that, in the same period of the previous year, the unemployment rate was 8,6%.

More about the unemployment survey

According to IBGE, this survey carried out by PNAD shows results that are within the projections made by the financial market for the quarter.

In this sense, it appears that, with the results, the absolute number of unemployed people in Brazil registered a growth of 4,1% against the previous quarter, reaching a total of 8,5 million people. In the annual comparison, the decline observed is 7,5%.

Stability among employees

When analyzing the issue of employees, it is noted that, between December and February, there was stability in terms of the employed population: there are 100,2 million people. If only analyzed this year, there is an increase of 2,2%: 2,1 million people gained jobs by the end of February.

Reason for the rise in unemployment

In the report, Adriana Beringuy, coordinator of Work and Income at IBGE, explains that, with the number of stable employment, the increase in the unemployment rate is largely due to the increase in demand for work.

“At the beginning of the year, there is a process of layoffs of temporary workers and a reduction in the speed of economic activity. This makes it difficult for workers to reabsorb into the job market. But compared to the panorama of a year ago, the scenario is still one of expansion”, she says.

Record number of people with a formal contract

The survey also shows that there was a record when it comes to workers with a formal employment contract. In total, there were 37,99 million. This training, reported IBGE, was the pillar for preventing a more significant increase in unemployment in the country.

On the other hand, the number of people who are employed without a formal contract did not change significantly in the quarter and remained at around 13,3 million. See the numbers:

  • Unemployment rate: 7,8%;
  • Unemployed: 8,5 million people;
  • Employed: 100,25 million;
  • People outside the labor force: 66,8 million;
  • With a formal contract: 37,99 million;
  • Without a formal contract: 13,3 million;
  • Self-employed workers: 25,4 million;
  • Domestic workers: 5,9 million;
  • Informal workers: 38,8 million;
  • Informality rate: 38,7%.

Rising yield

Finally, the research showed that the usual real income increased when compared to the previous quarter. This growth was 1,1%, reaching R$3.110. When comparing the current year, this increase was 4,3%.

According to Adriana Beringuy, this growth in income has to do with a process of expansion, and is due not only to the growth of the employed population itself, but to growth via formal work. “Even where income is falling, the sector in question is temporary contract workers with lower income,” she says.

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Alisson Ficher

Journalist graduated in 2017 and working in the field since 2015, with six years of experience in print magazines and over 12 thousand online publications. Specialist in politics, jobs, economics, courses, among other topics. If you have any questions, want to report an error or suggest a topic on the topics covered on the site, please contact us by email: alisson.hficher@outlook.com. We do not accept resumes!

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