The data was released by the Brazilian Institute of Geography and Statistics (IBGE). According to the entity, the unemployment rate fell 0.5% compared to the previous quarter, ended in June (6.9%).
Brazil achieved a drop of the rate of the unemployment which registered in the last quarter a 6.4%the lowest since December 2013. Its president Lula Da Silva celebrated the announcement: “With work and dialogue, we are building together a better country, with more opportunities.”
The data was released by the Brazilian Institute of Geography and Statistics (IBGE). According to the entity, the unemployment rate fell 0.5% compared to the previous quarter, ended in June (6.9%). Compared to the same period last year, it fell 1.3%.
The reduction in the unemployment rate was achieved after in the last year 1.3 million Brazilians found work. In this way, the number of unemployed fell to 7 million.
Brazil has a good pace of employment growth so far this year. Between January and September, it generated 1.98 million new formal jobs. In total, there are 47.49 million contracted employees.
Lula Da Silva’s celebration
The new data was celebrated by the Brazilian president Luis Inacio Lula Da Silva. “Unemployment is at 6.4%, the lowest rate since 2013. In September 2024, 247,000 new jobs were created, an increase of 21% compared to last year. With work and dialogue, we are building together a better country, with more opportunities,” he stated on the X social network.
Along the same lines, the Minister of Labor and Employment expressed himself, Luiz Marinhowho highlighted that it is “one more figure that proves the work of the Lula Government in the generation of employment and opportunities.” Meanwhile, the national president of the PT, Lula’s party, the federal deputy Gleisi Hoffmann (PR), highlighted the drop in unemployment: “Have you seen that unemployment has fallen to 6.4%? It is the lowest rate in the historical series“he wrote in X.
Source: Ambito
