Brazil Unemployment Rate

The unemployment rate in Brazil was at 6.6% in the three months ending to April 2025, edging marginally higher from the 6.5% on the January quarter, and well below market expectations of 6.9%. The number of unemployed people remained relatively unchanged from January at 7.3 million, as was the number of employed people, which remained near 103.3 million. In line with this, the number of people outside the labor force did not vary significantly, at 66.8 million. Lastly, real income remained stable in the quarter, at R$3,426.