Market Intelligence Reports

Global Market Report Q4 2021

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16 Brazil 93,782 92,254 81,714 85,876 90,137 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 11.8% 12.2% 14.4% 14.4% 13.2% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 103,844 Employed Workers (000s) 90,137 Unemployed Workers (000s) 13,707 Unemployment Rate 13.2% Working Population (in Thousands) Over Time Unemployment Rate Over Time 77% - First Vaccine Dose (December 2021) Covid Update Debate over sanctions that employers can place on non-vaccinated workers is on-going. Vaccine mandate for all foreign visitors. Covid Vaccination passports are required for Rio De Janeiro and Sao Paulo for customers to enter cinemas, theatres, museums, gyms and stadiums. 41% 34% 17% 0% 25% 50% 75% Employer Tax Profit Tax VAT Brazil Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $494 $501 $1.15 $0 $5 $10 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Brazil Regional Average Hiring Demand Trend by Experience Level Labor Force Statistics Year on year inflation was at 10.74% in November. TalentNeuron Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://sidra.ibge.gov.br/home/pnadcm

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