IBOV 208,763.59 ▲ 8.67% IPSA 11,018.02 ▲ 0.93% IPC MEX 64,531.68 ▲ 1.10% MERVAL 2,841,487 ▲ 2.67% COLCAP 2,538.58 ▲ 0.94% BVL PERÚ 59,751.67 ▲ 0.18% USD/BRL4.96▼ 4.79% USD/MXN18.13▼ 0.20% USD/CLP969.02▼ 2.17% USD/COP3,198▼ 1.74% USD/PEN3.42▼ 0.43% USD/ARS1,524▼ 0.04% USD/UYU40.34▼ 0.30% USD/PYG5,844▲ 0.40% USD/BOB11.95▲ 0.17% USD/DOP59.83▼ 0.12% USD/CRC455.71▼ 0.15% USD/GTQ7.63▼ 0.09% USD/HNL26.86▼ 0.01% USD/NIO36.62— 0.00% USD/VES869.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.68▼ 0.14% EUR/BRL5.58▼ 5.12% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 208,763.59 ▲ 8.67% IPSA 11,018.02 ▲ 0.93% IPC MEX 64,531.68 ▲ 1.10% MERVAL 2,841,487 ▲ 2.67% COLCAP 2,538.58 ▲ 0.94% BVL PERÚ 59,751.67 ▲ 0.18% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Monday, October 5, 2026

Brazil: unemployment increases during Lula’s government

By · May 18, 2023 · 2 min read

By Artur Piva

Unemployment rose again in Brazil during the first quarter of 2023 – the period marks the beginning of the Lula administration. The rate rose by almost 1%.

The Brazilian Institute of Geography and Statistics (IBGE) released the data on Thursday, 18.

They are part of the National Household Sample Survey (PNAD).

The unemployment rate rose to 8.8%, after one quarter of the Lula 3 government.

Rondônia had the lowest rate: 3.2%. The state also has the highest proportion of people who are self-employed: 37.3%
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According to PNAD records, the Bolsonaro administration left the country with the indicator at 7.9%.

The information from IBGE shows that the number had not grown since the beginning of 2021.

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Among the states, the worst result went to Bahia (14.4%), which also has a PT politician at the head of the Executive: governor Jerônimo Rodrigues, who succeeded the PT’s Rui Costa.

However, the Bahian result did not grow from the previous quarter.

Rondônia had the lowest rate: 3.2%. The state also has the highest proportion of people who are self-employed: 37.3%.

The national average closed at 25.85.

Santa Catarina registered the highest rate of formal employment in Brazil: 88.2%.

Moreover, the local unemployment rate is the second lowest in Brazil: 3.8%.

With information from Revista Oeste

News Brazil, English news Brazil, Brazilian economy

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

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