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Economy

Brazil unemployment rate down 5.3% in second quarter

The employed added up to 91.2 million people, up 0.7%

Published on 31/07/2018 - 15:04 By Vitor Abdala - Rio de Janeiro

The total number of unemployed people in Brazil fell by 13.7 million in the first quarter of this year to 13 million in the second. The reduction amounted to 5.3%, according to the National Continuous Household Sample Survey (PNAD-C), made public today (Jul. 31) by the Brazilian Geography and Statistics Institute (IBGE).

Comparing with the second quarter last year, 520 thousand are not longer unemployed (3.9%).

The country’s unemployment rate was also reported to have declined 13.1% in the first quarter to 12.4% in the second. In the second quarter last year, the rate stood at 13%.

The number of people with a job was observed at 91. million people, up 0.7% (657 thousand more people) against the previous quarter, and up 1.1% (1 million more people) from the second quarter of 2017.

Translation: Fabrício Ferreira - Edition: Maria Claudia / Nira Foster

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