IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL5.05▼ 0.37% USD/MXN17.40▼ 0.09% USD/CLP936.20▲ 0.05% USD/COP3,204▼ 1.59% USD/PEN3.40▲ 0.08% USD/ARS1,482▲ 0.29% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.93% BRENT 94.31 ▲ 3.63% WTI 87.08 ▲ 2.56% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.48% GOLD 4,141 ▲ 1.72% SILVER 60.20 ▲ 2.32% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.15 ▲ 0.10% PETR4 42.47 ▲ 1.94% VALE3 75.00 ▲ 3.82% ITUB4 42.87 ▲ 0.80% BBDC4 18.92 ▲ 1.99% ABEV3 16.11 ▲ 1.96% BBAS3 21.06 ▲ 0.86% B3SA3 15.86 ▲ 4.55% WEGE3 46.50 ▲ 9.49% PRIO3 59.88 ▲ 2.92% SUZB3 42.46 ▲ 1.99% RENT3 37.54 ▲ 2.71% AZZA3 17.64 ▲ 0.92% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.71 ▼ 0.73% GMAT3 3.90 ▲ 1.83% PSSA3 55.31 ▲ 3.42% CVCB3 1.28 ▲ 14.29% POSI3 3.72 ▲ 1.09% SLCE3 13.94 ▲ 1.38% NATU3 8.75 ▲ 0.46% BRKM5 6.11 ▲ 7.01% RANI3 8.03 ▲ 1.77% CSNA3 5.39 ▲ 6.52% CMIN3 5.86 ▲ 5.02% USIM5 8.68 ▲ 2.60% GGBR4 23.89 ▲ 1.70% ENEV3 26.01 ▲ 2.32% CPFE3 46.63 ▲ 0.50% CMIG4 11.22 ▲ 1.81% EQTL3 39.54 ▲ 1.83% LREN3 13.49 ▲ 1.66% VIVT3 35.43 ▼ 1.03% RAIL3 13.62 ▲ 2.87% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.43 ▲ 1.65% RDOR3 34.58 ▲ 1.95% HAPV3 11.55 ▲ 2.76% FLRY3 16.68 ▲ 0.79% SMTO3 16.10 ▲ 3.34% UGPA3 32.80 ▲ 3.08% VBBR3 34.73 ▲ 2.30% BBSE3 42.56 ▲ 2.43% BPAC11 57.30 ▲ 3.49% CURY3 30.38 ▲ 1.44% AERI3 2.05 ▲ 0.49% VIVARA 21.57 ▲ 0.75% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.80 ▼ 1.51% ASAI3 8.43 ▲ 2.18% SBSP3 29.37 ▲ 2.69% WALMEX 48.81 ▼ 0.69% GMEXICO 214.50 ▲ 2.65% FEMSA 227.99 ▲ 0.55% CEMEX 22.18 ▲ 0.50% GFNORTE 191.66 ▲ 3.15% BIMBO 60.31 ▲ 1.55% TELEVISA 9.83 ▲ 0.72% AMX 22.66 ▼ 0.44% GAP 377.68 ▼ 0.22% ASUR 273.13 ▼ 0.67% OMA 229.58 ▲ 1.47% KOF 183.15 ▲ 1.49% GRUMA 279.76 ▼ 1.01% KIMBER 38.89 ▲ 1.28% SQM-B 65,152 ▲ 0.95% COPEC 6,541 ▲ 1.41% BSANTANDER 79.51 ▲ 0.63% FALABELLA 6,041 ▲ 2.06% ENELAM 84.56 ▲ 0.04% CENCOSUD 2,015 ▼ 0.65% CMPC 1,073 ▼ 1.01% BANCO CHILE 191.87 ▲ 0.98% LATAM AIR 24.08 ▼ 0.50% YPF 82,500 ▲ 2.33% GGAL 8,295 ▲ 4.14% PAMPA 5,610 ▲ 2.47% TXAR 673.00 ▼ 0.88% ALUAR 969.50 ▼ 0.36% TGS 9,925 ▲ 2.21% CEPU 2,432 ▲ 3.93% MIRGOR 16,825 ▲ 0.30% COME 43.13 ▲ 0.61% LOMA NEGRA 3,820 ▲ 5.96% BYMA 297.00 ▲ 1.63% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.72 ▲ 1.15% BANCOLOMBIA 84.45 ▲ 0.96% GRUPO AVAL 5.01 ▼ 1.57% CREDICORP 391.76 ▲ 0.17% SOUTHERN COPPER 194.60 ▲ 3.51% BUENAVENTURA 32.04 ▲ 2.51% MERCADOLIBRE 1,799 ▼ 1.30% NUBANK 14.37 ▼ 0.17% XP 17.25 ▲ 2.34% PAGSEGURO 9.65 ▲ 0.68% STONE 11.34 ▲ 0.71% GLOBANT 31.10 ▼ 3.12% TECNOGLASS 45.45 ▲ 0.66% GAP AIRPORT 217.19 ▼ 0.23% ASUR 273.13 ▼ 0.67% OMA AIRPORT 105.71 ▲ 1.42% AMX ADR 26.01 ▼ 0.31% FEMSA ADR 131.00 ▲ 0.50% CEMEX ADR 12.75 ▲ 0.35% PETROBRAS ADR 18.94 ▲ 2.13% VALE ADR 14.81 ▲ 3.89% ITAU ADR 8.46 ▲ 0.69% SANTANDER BR 5.43 ▲ 0.28% AMBEV ADR 3.16 ▲ 1.45% CSN 1.08 ▲ 7.50% GERDAU 4.73 ▲ 1.94% LATAM ADR 51.14 ▼ 0.83% BTC 65,760 ▼ 1.12% ETH 1,926 ▼ 0.15% SOL 77.50 ▼ 0.78% XRP 1.14 ▼ 0.28% BNB 569.40 ▼ 0.73% ADA 0.18 ▲ 1.07% DOGE 0.07 ▼ 0.97% AVAX 6.59 ▲ 0.44% LINK 8.60 ▼ 0.52% DOT 0.84 ▼ 0.81% LTC 47.08 ▲ 0.56% BCH 219.10 ▼ 2.06% TRX 0.33 ▼ 0.38% XLM 0.19 ▼ 2.03% HBAR 0.07 ▲ 3.24% NEAR 1.86 ▼ 4.19% ATOM 1.47 ▼ 1.28% AAVE 97.77 ▲ 2.30% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.21 ▲ 1.13% JBS 12.23 ▲ 2.34% JBS BDR 61.75 ▲ 2.54% MBRF3 16.09 ▲ 6.49% MBRFY 3.11 ▲ 5.42% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.45% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.13▼ 0.03% USD/CNY6.77▲ 0.09% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD1.14▲ 0.13% GBP/USD1.34▼ 0.43% SPX 7,510 ▲ 0.01% DJI 52,288 ▲ 0.12% NDX 29,082 ▼ 0.25% RUT 2,962 ▼ 0.85% TSX 35,483 ▲ 0.32% VIX 16.96 ▼ 0.53% USD/CAD1.41▼ 0.16% US10Y 4.6540 ▲ 0.56% IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL 5.05 ▼ 0.37% USD/MXN 17.40 ▼ 0.09% USD/CLP 936.20 ▲ 0.05% USD/COP 3,204 ▼ 1.59% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,482 ▲ 0.29% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.93% BRENT 94.31 ▲ 3.63% WTI 87.08 ▲ 2.56% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.48% GOLD 4,141 ▲ 1.72% SILVER 60.20 ▲ 2.32% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.15 ▲ 0.10% PETR4 42.47 ▲ 1.94% VALE3 75.00 ▲ 3.82% ITUB4 42.87 ▲ 0.80% BBDC4 18.92 ▲ 1.99% ABEV3 16.11 ▲ 1.96% BBAS3 21.06 ▲ 0.86% B3SA3 15.86 ▲ 4.55% WEGE3 46.50 ▲ 9.49% PRIO3 59.88 ▲ 2.92% SUZB3 42.46 ▲ 1.99% RENT3 37.54 ▲ 2.71% AZZA3 17.64 ▲ 0.92% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.71 ▼ 0.73% GMAT3 3.90 ▲ 1.83% PSSA3 55.31 ▲ 3.42% CVCB3 1.28 ▲ 14.29% POSI3 3.72 ▲ 1.09% SLCE3 13.94 ▲ 1.38% NATU3 8.75 ▲ 0.46% BRKM5 6.11 ▲ 7.01% RANI3 8.03 ▲ 1.77% CSNA3 5.39 ▲ 6.52% CMIN3 5.86 ▲ 5.02% USIM5 8.68 ▲ 2.60% GGBR4 23.89 ▲ 1.70% ENEV3 26.01 ▲ 2.32% CPFE3 46.63 ▲ 0.50% CMIG4 11.22 ▲ 1.81% EQTL3 39.54 ▲ 1.83% LREN3 13.49 ▲ 1.66% VIVT3 35.43 ▼ 1.03% RAIL3 13.62 ▲ 2.87% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.43 ▲ 1.65% RDOR3 34.58 ▲ 1.95% HAPV3 11.55 ▲ 2.76% FLRY3 16.68 ▲ 0.79% SMTO3 16.10 ▲ 3.34% UGPA3 32.80 ▲ 3.08% VBBR3 34.73 ▲ 2.30% BBSE3 42.56 ▲ 2.43% BPAC11 57.30 ▲ 3.49% CURY3 30.38 ▲ 1.44% AERI3 2.05 ▲ 0.49% VIVARA 21.57 ▲ 0.75% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.80 ▼ 1.51% ASAI3 8.43 ▲ 2.18% SBSP3 29.37 ▲ 2.69% WALMEX 48.81 ▼ 0.69% GMEXICO 214.50 ▲ 2.65% FEMSA 227.99 ▲ 0.55% CEMEX 22.18 ▲ 0.50% GFNORTE 191.66 ▲ 3.15% BIMBO 60.31 ▲ 1.55% TELEVISA 9.83 ▲ 0.72% AMX 22.66 ▼ 0.44% GAP 377.68 ▼ 0.22% ASUR 273.13 ▼ 0.67% OMA 229.58 ▲ 1.47% KOF 183.15 ▲ 1.49% GRUMA 279.76 ▼ 1.01% KIMBER 38.89 ▲ 1.28% SQM-B 65,152 ▲ 0.95% COPEC 6,541 ▲ 1.41% BSANTANDER 79.51 ▲ 0.63% FALABELLA 6,041 ▲ 2.06% ENELAM 84.56 ▲ 0.04% CENCOSUD 2,015 ▼ 0.65% CMPC 1,073 ▼ 1.01% BANCO CHILE 191.87 ▲ 0.98% LATAM AIR 24.08 ▼ 0.50% YPF 82,500 ▲ 2.33% GGAL 8,295 ▲ 4.14% PAMPA 5,610 ▲ 2.47% TXAR 673.00 ▼ 0.88% ALUAR 969.50 ▼ 0.36% TGS 9,925 ▲ 2.21% CEPU 2,432 ▲ 3.93% MIRGOR 16,825 ▲ 0.30% COME 43.13 ▲ 0.61% LOMA NEGRA 3,820 ▲ 5.96% BYMA 297.00 ▲ 1.63% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.72 ▲ 1.15% BANCOLOMBIA 84.45 ▲ 0.96% GRUPO AVAL 5.01 ▼ 1.57% CREDICORP 391.76 ▲ 0.17% SOUTHERN COPPER 194.60 ▲ 3.51% BUENAVENTURA 32.04 ▲ 2.51% MERCADOLIBRE 1,799 ▼ 1.30% NUBANK 14.37 ▼ 0.17% XP 17.25 ▲ 2.34% PAGSEGURO 9.65 ▲ 0.68% STONE 11.34 ▲ 0.71% GLOBANT 31.10 ▼ 3.12% TECNOGLASS 45.45 ▲ 0.66% GAP AIRPORT 217.19 ▼ 0.23% ASUR 273.13 ▼ 0.67% OMA AIRPORT 105.71 ▲ 1.42% AMX ADR 26.01 ▼ 0.31% FEMSA ADR 131.00 ▲ 0.50% CEMEX ADR 12.75 ▲ 0.35% PETROBRAS ADR 18.94 ▲ 2.13% VALE ADR 14.81 ▲ 3.89% ITAU ADR 8.46 ▲ 0.69% SANTANDER BR 5.43 ▲ 0.28% AMBEV ADR 3.16 ▲ 1.45% CSN 1.08 ▲ 7.50% GERDAU 4.73 ▲ 1.94% LATAM ADR 51.14 ▼ 0.83% BTC 65,760 ▼ 1.12% ETH 1,926 ▼ 0.15% SOL 77.50 ▼ 0.78% XRP 1.14 ▼ 0.28% BNB 569.40 ▼ 0.73% ADA 0.18 ▲ 1.07% DOGE 0.07 ▼ 0.97% AVAX 6.59 ▲ 0.44% LINK 8.60 ▼ 0.52% DOT 0.84 ▼ 0.81% LTC 47.08 ▲ 0.56% BCH 219.10 ▼ 2.06% TRX 0.33 ▼ 0.38% XLM 0.19 ▼ 2.03% HBAR 0.07 ▲ 3.24% NEAR 1.86 ▼ 4.19% ATOM 1.47 ▼ 1.28% AAVE 97.77 ▲ 2.30% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.21 ▲ 1.13% JBS 12.23 ▲ 2.34% JBS BDR 61.75 ▲ 2.54% MBRF3 16.09 ▲ 6.49% MBRFY 3.11 ▲ 5.42% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.34% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.13 ▼ 0.01% USD/CNY 6.7639 ▲ 0.10% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3374 ▼ 0.04% SPX 7,510 ▲ 0.01% DJI 52,288 ▲ 0.12% NDX 29,082 ▼ 0.25% RUT 2,962 ▼ 0.85% TSX 35,483 ▲ 0.32% VIX 16.96 ▼ 0.53% USD/CAD 1.4085 ▼ 0.15% US10Y 4.6540 ▲ 0.56%
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Over Three Million Have Been Seeking Employment for Over Two Years in Brazil

By · November 20, 2019 · 3 min read

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RIO DE JANEIRO, BRAZIL – Approximately 3.2 million people have been looking for work in Brazil for two years or longer. According to data from the National Continuous Household Sample Survey (PNAD Continuous), released yesterday, November 19th, by the Brazilian Institute of Geography and Statistics (IBGE), this represents 25.2 percent of the country’s 12.5 million unemployed.

Currently, there are 12.5 million unemployed in Brazil.
Currently, there are 11.8 million unemployed in Brazil. (Photo: internet reproduction)
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The overall unemployment rate in Brazil in the third quarter of this year, released in late October, stood at 11.8 percent, below the 12 percent recorded in the second quarter. According to the IBGE, some 1.8 million, or 7.1 percent of the unemployed, had been looking for jobs for less than a month.

The Continuous PNAD released yesterday also included data on the unemployment rate in the states. The state of São Paulo was the only one to show a drop in the unemployment rate from the second to the third quarter this year. The rate fell from 12.8 percent to 12 percent in the period in São Paulo.

According to IBGE researcher Adriana Beringuy, the drop was due to a reduction in the number of unemployed and not due to increased occupations.

Rondônia, on the other hand, was the only state with a high unemployment growth rate, rising from 6.7 to 8.2 percent. The other 25 federation units remained stable, according to IBGE data.

The highest rates were found in the states of Bahia (16.8 percent), Amapá (16.7 percent) and Pernambuco (15.8 percent). The lowest levels were recorded in Santa Catarina (5.8 percent), Mato Grosso do Sul (7.5 percent), and Mato Grosso (eight percent).

In comparison with the third quarter last year, there were rises in Goiás (from 8.9 to 10.8 percent) and Mato Grosso ( from 6.7 to 8 percent). Three states showed a drop in this type of comparison: São Paulo (from 13.1 percent to 12 percent), Alagoas (from 17.1 percent to 15.4 percent), and Sergipe (from 17.5 percent to 14.7 percent).

Santa Catarina showed the highest percentage of employees with a signed worker's record booklet (87.7 percent). The lowest percentage was found in Maranhão (49.9 percent).
Santa Catarina showed the highest percentage of employees with a signed worker’s register (87.7 percent). The lowest percentage was found in Maranhão (49.9 percent). (Photo: internet reproduction)

The composite rate of underutilization of the workforce (percentage of people unemployed or under-occupied by insufficiency of hours worked) was 24 percent in the country. Maranhão (41.6 percent) and Piauí (41.1 percent) showed estimates above 40 percent.

On the other hand, the lowest rates were found in Santa Catarina (10.6 percent), Mato Grosso (14.7 percent), Rio Grande do Sul (16.3 percent), and Mato Grosso do Sul (16.3 percent).

The number of discouraged people (people who gave up looking for work) was 4.7 million people in the third quarter. The greatest quotas were in Bahia (781,000) and Maranhão (592,000) and the lowest in Roraima (17,000) and Amapá (19,000).

The percentage of discouraged people was 4.2 percent. The highest percentages were found in Maranhão (18.3 percent) and Alagoas (16.5 percent) and the lowest in Santa Catarina (1.1 percent), Rio Grande do Sul (1.3 percent) and the Federal District (1.3 percent).

Santa Catarina showed the highest percentage of employees with a signed worker’s record booklet (87.7 percent). The lowest percentage was found in Maranhão (49.9 percent).

The federative entities with the highest percentage of workers without a signed worker’s registration book in the private sector were Maranhão (50.1 percent), Pará (49.9 percent), and Piauí (49.9 percent). The lowest rates were found in Rio Grande do Sul (18.1 percent) and Santa Catarina (12.3 percent).

Source: Agência Brasil

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