Employment Rate in Brazil Reaches Lowest Level in Eight Years, Says IBGE

The number of formal workers in the private sector dropped to 32.2 million, the lowest level in the historical series, down 4.5 percent from the previous quarter and 2.8 percent from the same quarter in 2019.

RIO DE JANEIRO, BRAZIL - The Brazilian population's employment rate stood at 51.6 percent in the quarter ended April this year. The data represents the percentage of Brazilians of working age who are effectively employed. This is the indicator's lowest level since the National Continuous Household Sample Survey ( PNAD-Continuous) began in 2012.

In the quarter ended in January, the employment rate had reached 54.8 percent. In April last year, the rate stood at 54.2 percent.

The employed population was 89.2 million people in the quarter ended in April, down 5.2 percent from January . . .

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