Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Brazil
LFUNTTTTBRM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,942,062.00
Year-over-Year Change
53.72%
Date Range
3/1/2002 - 11/1/2015
Summary
The 'Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Brazil' measures the total unemployment rate among Brazilians aged 15 and above. This metric is a key indicator of the country's labor market health and economic performance.
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
This series represents the total unemployment rate in Brazil, including both urban and rural areas, for the population aged 15 and over. It is a widely followed statistic that provides insight into the overall employment situation and can inform economic policymaking.
Methodology
The data is collected through nationally representative household surveys conducted by the Brazilian Institute of Geography and Statistics.
Historical Context
Policymakers and analysts use this unemployment metric to assess the strength of Brazil's labor market and overall economic conditions.
Key Facts
- Brazil's unemployment rate reached a high of 14.2% in 2017.
- The unemployment rate has declined since 2017 but remains elevated.
- Youth unemployment is significantly higher than the overall rate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate among Brazilians aged 15 and above, providing insight into the overall labor market conditions in the country.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health of Brazil's economy and labor market, which is of interest to policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys conducted by the Brazilian Institute of Geography and Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this unemployment metric to assess the strength of Brazil's labor market and overall economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: There may be a short delay in the availability of the most recent data, as it is dependent on the timing of the household surveys.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Brazil (LFUNTTTTBRM647S), retrieved from FRED.