Brazil: employment

 

 

 

Unemployment refers to the sector of the population that is currently without work but that is either actively looking for a job or willing to or seeking work.

The graph shows that unemployment has been in decline from 2003 to 2007 and has increased slightly in 2008. Unemployment in Brazil reached one of its all time lows in April 2011. The rate has remained constant until July, when it was at 6 per cent.

The record-low unemployment figures and the fact that they are declining show a booming economy and high domestic demand for labour. Besides lower unemployment, 2010 saw the highest increase in Brazilian monthly incomes at 1490.61 Brazilian reais (£571.92).