Home Economy Unemployment ‘falls’ in July from national rate of 9.1% as informal workers break records

Unemployment ‘falls’ in July from national rate of 9.1% as informal workers break records

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Unemployment ‘falls’ in July from national rate of 9.1% as informal workers break records

Brazil’s unemployment rate fell to 9.1% in the quarter ended July to 9.9 million, according to data released this Wednesday (31) by IBGS (Brazilian Institute of Geography and Statistics). This number represents a drop of 1.4 percentage points compared to the quarter ended in April (10.5%) and 4.6 percentage points compared to the same period in 2021 (13.7%).

Brazil's unemployment rate stood at 9.1% in the quarter ended July.  – Photo: Freepik/Disclosure/NDBrazil’s unemployment rate stood at 9.1% in the quarter ended July. – Photo: Freepik/Disclosure/ND

The index was equal to the lowest since December 2015. Data taken from Pnad-Continua (Continuous National Household Sample Survey).

Contingent busy people reached 98.7 million, which is a record in the historical series that began in 2012. Growth was 2.2% (up 2.2 million people) compared to the previous quarter and 8.8% (up 8 million) compared to the same period in 2021.

Quantity employees with a formal contract in the private sector (excluding domestic workers) amounted to 35.8 million, an increase of 1.6% (555 thousand people) compared to the previous quarter and 10% (3.3 million more people) year-on-year.

In a year-on-year comparison, only the agriculture, livestock, forestry, fisheries and aquaculture sectors did not increase the number of employees.

Informal workers appear

The BIGS data also show that the number employees without a formal contract in the private sector (13.1 million people) broke the record of the historical series that began in 2012. The growth rate is 4.8% per quarter (more than 601 thousand people) and 19.8% (2.2 million people). ) for the quarter. year.

Quantity Self employed amounted to 25.9 million people, an increase of 1.3% compared to the previous quarter (326 thousand people), while compared to the same period last year, the growth was 3.5% (more than 872 thousand people).

The population considered discouraged, that is, those who are not employed or looking for work, fell by 5% for the quarter, from 4.2 million people. In an annual comparison, the drop reached 19.8%, which is less than 1 million people. The discouraged percentage was in line with 3.7% of the workforce in the quarter ended July.

The number of workers without a formal contract increased by 4.8% to 13.1 million – Photo: Marcello Casal/Agência BrasilThe number of workers without a formal contract increased by 4.8% to 13.1 million – Photo: Marcello Casal/Agência Brasil

Quantity internal workers (5.8 million people) was stable compared to the previous quarter, but grew by 14.1% over the year.

The number of employers (4.3 million people) grew by 3.9% in the quarter (162,000 people more), and by 16.2% (597,000 people) in a year. The number of public sector employees (12.0 million) grew by 4.7% in the quarter and by 5.1% in the year.

Finally, the informality rate was 39.8% of the employed population, compared to 40.1% in the previous quarter and 40.2% in the same quarter of 2021. The number of informal workers reached 39.3 million people.

income increases

After two years of stagnation or decline, ordinary real income returned to growth and reached 2693 reais in the quarter ended in July.

This index represents the income earned by employees, employers and the self-employed on a monthly basis, without extraordinary increases or sporadic discounts.

Growth was 2.9% quarter-on-quarter, albeit 2.9% lower than the same period in 2021. The last significant increase was exactly two years ago, in the quarter ending July 2020.

Data from Pnad Continua shows that the increase in income was driven by employers, which had an increase of 6.1%, or more than 369 reais; military and civil servants with an increase of 3.8%, or more than 176 reais; and self-employed workers, whose earnings increased by 3% or 63 reais.

Ordinary real income was BRL 260.7 billion, up 5.3% from the April quarter and 6.1% from the July 2021 quarter.


Source: Ndmais

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