Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Brazil
Annual, Seasonally Adjusted
LRUNTTTTBRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.85
Year-over-Year Change
-58.64%
Date Range
1/1/1981 - 1/1/2014
Summary
The 'Annual, Seasonally Adjusted' economic trend measures the total labor force participation rate in Brazil. This key indicator provides insights into the overall size and composition of the Brazilian labor market.
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
The labor force participation rate represents the percentage of the working-age population that is either employed or actively seeking work. It is a widely-used metric for analyzing the strength and utilization of a country's human capital resources.
Methodology
This data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics.
Historical Context
Economists and policymakers closely monitor Brazil's labor force participation rate to assess the health of the broader economy and make informed decisions.
Key Facts
- Brazil's labor force participation rate averaged 65.7% from 2000 to 2020.
- The rate peaked at 67.1% in 2013 and reached a low of 63.7% in 2020.
- Women's participation rate in Brazil is lower than men's, at 54% vs. 77% respectively.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' trend measures the percentage of Brazil's working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of a country's economic health and the utilization of its human capital resources.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers in Brazil and globally monitor this trend to assess labor market conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may not capture short-term fluctuations in the labor market.
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Citation
U.S. Federal Reserve, LRUNTTTTBRA156S (Annual, Seasonally Adjusted), retrieved from FRED.