Projections from the latest IMF (International Monetary Fund) report show Brazil with the 9th worst unemployment in the world in 2022.
The list, estimated by the agency and compiled by the risk rating agency Austin Rating, shows Brazil with an unemployment rate of 13.7%, above the average expected for the world (7.7%), and for emerging countries (8 .7%). Russia, which is at war with Ukraine, performs better in the rankings, with 9.3%, in 27th position.
Last year, the IMF predicted that the average Brazilian unemployment rate should be around 13.7% — the official figure, released by the IBGE (Brazilian Institute of Geography and Statistics), was 13.2%, a difference of 0.5 percentage point.
Austin has a slightly more optimistic view of unemployment this year, estimating a rate of 13% — which would put Brazil in 11th position. According to Alex Agostini, the agency’s chief economist, the forecast was corrected based on the latest Focus bulletins, from the Central Bank.
Forecast of the 10 highest unemployment rates in 2022, according to the IMF:
South Africa: 35.2%Sudan: 30.2%West Bank and Gaza: 25.7%Armenia: 19.5%Georgia: 18.5%Bosnia and Herzegovina: 15.7%North Macedonia: 15.7% Bahamas: 13.9%Brazil: 13.7%Costa Rica: 13.4%
Caged released today reveals positive balance, but lower average salary
Brazil opened 136,189 formal jobs in March, the third month in a row with a positive balance, according to data from the Caged (General Register of Employed and Unemployed) released today by the Ministry of Labor and Social Security. The number is the difference between 1,953,071 new hires and 1,816,882 dismissals registered in the month.
The result is less than half of the balance in February, when more than 329,000 jobs were opened.
In the year to March, the balance is 615,173 formal job openings. Now, the total number of formal jobs in Brazil is 41,293,528.
Despite the positive balance of vacancies, the average admission salary fell to BRL 1,872.07 — BRL 38.72 less than the one observed in the previous month, a drop of 2.03%.
