Unemployment drops to 10.5%, but still reaches 11.3 million people, says IBGE

Brazil created more vacancies, and the unemployment rate in the quarter from February to April was 10.5%, according to data from the Pnad Contínua (Continuous National Household Sample Survey) released today by the IBGE (Brazilian Institute of Geography and Statistics) . This was the lowest percentage for the period since 2015, when it was 8.1%. In relation to the previous quarter, the rate dropped 0.7 percentage points, and, in the year, the drop was 4.3 percentage points.

However, average income fell by almost 8% compared to the same period last year, for February to April 2021 (read more below).

less idle

The unemployed population dropped 5.8% compared to the previous moving quarter, representing 699 thousand fewer people. In the year, the fall was 25.3%, less 3.8 million unemployed people. Despite the setbacks, 11.3 million people remain unemployed in the country.

According to the IBGE, the number of employed persons was 96.5 million, the highest in the historical series, which began in 2012. The number represents an increase of 1.1% in comparison with the quarter from November to January and of 10, 3% compared to the same quarter of the previous year. This is equivalent to an increase of 1.1 million employed persons in the quarter and 9 million persons employed in the year.

In this quarter, we are facing the maintenance of the process of retraction in the unemployment rate, which has been occurring since the quarter ended in July 2021, mainly due to the increase in the employed population in recent quarters. Adriana Beringuy, coordinator of household sample surveys at IBGE

Last month, the unemployment rate was estimated at 11.1% in the quarter ended in March, remaining stable compared to the previous quarter. There was also stability in the number of unemployed, which totaled 11.9 million people. The employed population, estimated at 95.3 million, fell by 0.5% in the same comparison.

Yield drops 7.9% in the year

The usual real income was calculated at R$ 2,569 in the quarter ended in April, showing stability compared to the previous quarter and a decrease of 7.9% in relation to the same quarter of the previous year.

According to Adriana Beringuy, research coordinator at the IBGE, the expansion of formality did not translate into income growth. “Although there has been an increase in formality, there has been no expansion in the real average income of formal employment in the private sector. In addition, there was a drop in public sector income,” she says.

On the other hand, the mass of usual real income, which was R$ 242.9 billion, grew compared to the previous quarter and remained stable in the annual comparison.

“In the outlook for the quarter, the mass of income increased due to the expansion of occupancy. During the year, although there was a significant growth in the employed population, there was a retraction in income, causing the mass to remain stable despite the much higher number of employed people”, adds Beringuy.

vacancies in education

According to the IBGE coordinator, increases in occupancy occurred in the transport, storage and mail groups; public administration, defense, social security, education, human health and social services; and other services. The other groups were stable.

“The public administration, defense, social security, education, human health and social services group was driven by growth in education, which includes both public and private networks. In other services, there is an increase in beautification services, such as hairdressers, manicures and beauticians”, says Beringuy.

The number of employees with a formal contract in the private sector was 35.2 million people, increasing 2.0% (690 thousand people) compared to the previous quarter and 11.6% (an increase of 3.7 million people) in the annual comparison.

All other positions in the occupation, such as unregistered workers in the private sector, self-employed and employer, remained stable. Thus, the informality rate dropped from 40.4%, in the previous quarter, to 40.1% of the employed population, totaling 38.7 million informal workers.

Source: Uol