Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Brazil
Annual, Not Seasonally Adjusted
LRUNTTTTBRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.85
Year-over-Year Change
-58.64%
Date Range
1/1/1981 - 1/1/2014
Summary
This series measures the annual unemployment rate in Brazil, providing an overview of the country's labor market and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The annual, not seasonally adjusted unemployment rate in Brazil is a key indicator of the overall state of the Brazilian economy. It is closely watched by economists, policymakers, and investors to assess employment trends and gauge the health of the domestic labor market.
Methodology
The data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics (IBGE).
Historical Context
The unemployment rate is a critical input for economic analysis and policy decisions in Brazil.
Key Facts
- Brazil's unemployment rate reached a peak of 14.1% in 2017.
- The unemployment rate has steadily declined since 2017, reaching 11.5% in 2021.
- Brazil's economy is the largest in Latin America and the ninth-largest in the world.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in Brazil, providing an overview of the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The Brazilian unemployment rate is a crucial indicator for assessing the overall health of the Brazilian economy and is closely monitored by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics (IBGE).
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for economic analysis and policy decisions in Brazil, as it helps gauge the strength of the domestic labor market and guide policy responses.
Q: Are there update delays or limitations?
A: The data is published annually by the IBGE, with a typical delay of several months after the end of the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUNTTTTBRA156N), retrieved from FRED.