Rio de Janeiro – Brazil’s unemployment rate dropped to 12.8%, on average, from May to July, with 13.3 million unemployed. The data is part of the Continuous National Household Sample Survey (PNAD Contínua) released this Thursday (31) by the Brazilian Institute of Geography and Statistics (IBGE).
The rate declined 0.8 percentage point in comparison to the quarter that ended in April, when the unemployed rate was at 13.6%. In the comparison with the same period of 2016, there was an increase of 1.2 percentage point in the unemployment rate.
The data shows a decline of 5.1% of the unemployment rate over the previous quarter (less 721,000 people). But in comparison to the same quarter of 2016, the unemployment rate increased 12.5% (more 1.5 million people).
*Translated by Sérgio Kakitani