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2025-09-16 20:43:42
Brazil's unemployment rate falls to a record low of 5.6% (1) Brazil's moving quarter unemployment rate fell to 5.6% in July 2025, down from 5.8% in the previous quarter and slightly below the market expectation of 5.7%, reaching its lowest level since records began in 2012. (2) The number of unemployed people decreased to 6.1 million, the lowest since the end of 2013; the number of employed people reached a record high of 102.4 million. (3) The employment-population ratio remained at a historic high of 58.8%. (4) The agricultural sector added 206,000 jobs, information and professional services added 260,000, and public administration, education, health, and social services added 522,000 jobs, becoming the main drivers of employment growth. (5) Average real income increased by 1.3% to 3,484 reais, reflecting continued improvement in labor market quality.
