Of the 86.7 million employed people in Brazil, 34.7 million were reported to be workers with no formal registration at all, people working autonomously with no registration as firm, and people who work helping their families.
The jobless population in the quarter ending in May this year reached 14.8 million—in other words, steady against the previous quarter, but up 16.4 percent if compared to the quarter ending in May last year (another 2.1 million unemployed).
According to the study Industrial Survey, by Brazil’s National Confederation of Industry (CNI), these effects of the COVID-19 pandemic were mentioned by 68.3 percent of the companies surveyed.
Brazilian Economy Minister Paulo Guedes commented on the outcome, saying that the significant increases in tax collection show solid economic momentum.
"In May, compared to May 2020, the economy kept the intense growing pace observed since April due to the low comparison base in 2020", said FGV Researcher Claudio Considera.
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