The demographic challenges facing developed countries are well known: rapid aging and populations that in are already beginning to shrink in some regions. Less well known, however, is that the demographic transition is already changing the landscape in the vast majority of developing countries.
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The national unemployment rate stood at 13.7% and the urban unemployment rate at 14.5%, both lower than those observed a year ago. The employed reached 22.2 million people (+108 thousand seasonally adjusted), slightly above the average level observed between April and December 2022.
In 2022, the unemployment rate was 11.2% nationally, decreasing 2.6 p.p. with respect to 2021. In 2022, the national employment stood at 22 million, 1.6 million more than in 2021 and 0.7 million more than in 2019. In 2022, employment showed gre…
In November 2022, the national unemployment rate was 9.5% and the urban unemployment rate was 9.1%. With this, the national unemployment rate was 2.0 percentage points below that of the same month in 2021, and the urban unemployment rate was 3.…
In May 2022, the national unemployment rate was 10.6%. In seasonally adjusted terms, compared to April 2022, the national unemployment rate decreased 0.7 percentage points. National employment grew strongly in May 2022, reinforcing its upward t…
April’s job creation was shockingly below expectations. The unemployment rate increased slightly as more people entered the labor force encouraged by vaccinations and reopenings. Overall, labor market conditions suggest that the recovery is still vulnerable.