Brazil’s unemployment rate rose to 9% in the quarter ended in October, the Brazilian Institute of Geography and Statistics (IBGE) reported today (Jan. 15) in its Continuous National Household Sampling Survey (PNAD).
In the previous quarter (May-July 2015), the unemployment rate was 8.6%, 0.6 percentage points up from February-April. In August-October 2014, the unemployment rate was 6.6%.
The usual real earnings (excluding extraordinary payments and deductions) in the August-October 2015 quarter were R$1,895 ($471.12), down 0.7% compared to the previous quarter’s R$1,907.00 ($474.11). In the year-over-year comparison, the decline was 1% from the previous R$1,914 ($475.85).
According to the survey, 9.1 million people have unsuccessfully looked for a job in the quarter ended in October 2015. In the period ended in July, the figure was 8.6 million. The number of employed persons, 92.3 million, did not change significantly by IBGE standards.
This year, the continuous PNAD will replace the Monthly Employment Survey (PME), which used to be the only official unemployment indicator in the country. IBGE argues the continuous PNAD is more comprehensive and provides wider insight on the labor market, with information on child labor, migration, and fertility. The survey covers households in 3,400 municipalities, whereas the PME was conducted in six metropolitan areas.
Translated by Mayra Borges