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Unemployment Brazil versus unemployment USA

June 7th, 2009 - 2 responses

In 2004, when we entered Brazil, the unemployment rate was 11,5%.  In th US, the unemployment rate was 4,6%.
The lowest Brazilian unemployment rate was in December 2008, when it was 7,2%.  But Q4 is in Brazil typically a strong quarter and the Q4 2008 one was an exceptional one.  Since then, the Brazilian unemployment went 1,7% up to 8,9%.  The US lowest unemployment rate was 4,6% in 2007.  Since then it went up 4,8% to today’s 9,4%.

Graph from Globo:

unemploymentbrazil

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2 Responses to 'Unemployment Brazil versus unemployment USA'

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  1. Brazilian employers’ social security contribution lowered posted on July 5th, 2009 at 6:08 am

    [...] That being said, the unemployment in Brazil isn’t increasing and amounts now 8,9%, which is almost a historic low for the country as you can see here. [...]

  2. Brazil’s unemployment falls further to 8,1% in June posted on July 23rd, 2009 at 6:20 am

    [...] We wrote early June on the Brazilian employment market which remained very resiliant to the crisis. Today the June figures were release: the unemployment fell further down from 8,9% in May to 8,1% in June.  This is  the same as in May 2008, which was a record year for Brazil in terms of employment occupation. If you put this figures in a historical perspective (see below chart) you see the strength of this performance. The USA unemployment rate went up to 9,5% and the South African unemployment rate went up above 23%. [...]

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