The unemployed (people who are looking for a job but cannot find one) totaled 7.4 mi—the lowest for the period. Joblessness dropped by 9.5% against the quarter ending in April and by 12.8 percent compared to July 2023.
A total of 101.8 mi Brazilians were reported to be employed, up 1.6% from the previous quarter and three percent higher than in the same span last year.
The five major groups of activities had positive balances. Services generated 87,708 jobs, trade 33,412, industry 32,023, agriculture 27,129, and construction 21,449. The main growth was in industry, up 165% from June last year.
In 2022, the number of industrial companies with one or more employees totaled 346,100, encompassing a total of 8.3 million people.
In 2023, the percentage of private sector employees with a formal contract increased to 37.4 percent of the employed population, up from 36.3 percent in 2022.
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