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%.
Tags: unemployment

















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. [...]
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%. [...]