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The open
unemployment rate reached 7.3% in August, slightly below the July figure
(7.5%) and above the rate observed in August last year (6.2%). The
data are from the IBGE Monthly Employment Survey taken in the six
major metropolitan areas ( Recife, Salvador, Belo Horizonte, Rio de
Janeiro, São Paulo and Porto Alegre).
The results show a slight increase in the number of persons economically
(0.2%) and non-economically active (0.3%) compared to the previous month.
In comparison to August last year the variations were 3.7% and 0.3%
respectively.
The open unemployment rate, free of seasonal factors, dropped from 7.4% in
July to 7.2% in August of this year.
Forecasts: This indicator is covered in the
LatinFocus Consensus Forecast. For 5-year projections, including quarterly forecasts for
the next two years, please click here
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