The State of São Paulo has the lowest unemployment rate in the last 13 years
São Paulo recorded its lowest unemployment rate since 2012 at 5%, outperforming both national and regional averages.
In 2022, the state of São Paulo achieved its lowest unemployment rate since the start of the IBGE's historical series in 2012, recording an impressive rate of 5%. This figure surpassed both the national average of 5.6% and the Southeast region's average of 5.3%. Such positive data were released by Fundação Seade, illustrating the state's significant progress in job creation and economic resilience amidst ongoing economic challenges in Brazil.
Furthermore, the study revealed notable trends in the workforce, with the number of formally employed individuals rising by 5.2% from 2024 to 2025. Conversely, the informal workforce—those without formal employment records—experienced an 8.7% decline, indicating a shift towards more stable and secure job opportunities. These statistics have profound implications for the overall economic health of São Paulo, suggesting a positive trajectory for labor conditions and economic growth in the region.
Governor Tarcísio de Freitas of the Republican Party has touted these employment figures as a hallmark of his administration, especially as the electoral campaign heats up. By showcasing the significant achievements in job creation, he positions his government in contrast to the national administration led by President Lula, emphasizing his commitment to modernizing public services and establishing a business-friendly environment. This strategic framing not only highlights local accomplishments but also seeks to influence voter perceptions ahead of the upcoming elections, demonstrating the critical intersection of economic data and political strategy in contemporary Brazil.