Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Brazil
Annual, Seasonally Adjusted
LFUN24TTBRA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
484,378.40
Year-over-Year Change
-59.22%
Date Range
1/1/2003 - 1/1/2014
Summary
The Annual, Seasonally Adjusted trend measures the unemployment rate in Brazil. This key labor market indicator is closely watched by economists and policymakers to assess the health of the Brazilian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the seasonally adjusted annual unemployment rate in Brazil, as published by the Brazilian Institute of Geography and Statistics (IBGE). The unemployment rate is a widely used metric for evaluating labor market conditions and economic performance.
Methodology
The data is collected through nationally representative household surveys conducted by the IBGE.
Historical Context
The Brazilian unemployment rate is a crucial input for fiscal and monetary policy decisions.
Key Facts
- Brazil's unemployment rate reached a peak of 14.9% in 2017.
- The unemployment rate in Brazil has fallen from its high in recent years.
- Seasonally adjusted data accounts for recurring fluctuations in the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate in Brazil, which indicates the percentage of the labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The Brazilian unemployment rate is a key indicator of the health of the labor market and overall economic performance, making it relevant for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys conducted by the Brazilian Institute of Geography and Statistics (IBGE).
Q: How is this trend used in economic policy?
A: The Brazilian unemployment rate is a crucial input for fiscal and monetary policy decisions, as it helps assess the strength of the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the IBGE, and may have a lag of several weeks or months before being released.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUN24TTBRA647S), retrieved from FRED.