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Brazilian unemployment rate fell to 8.9% in July, the lowest level since July 2015

There are currently more than 100 million employed Brazilians in the country. In July, the total number of employed persons increased by 7.5% to 100.2 million.

The unemployment rate fell for the 14th consecutive month, reaching 8.9% in July, the lowest level since July 2015.

Calculations by the Institute for Applied Economic Research (Ipea) also show that the number of unemployed fell by almost 30% between July 2021 and July this year.

There are 4 million fewer unemployed, from 13.6 million to 9.7 million.

The increase in employment occurred mainly among young and older people . . .

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