Facts & Figures
- The unemployment rate in BRICS countries decreased to 4.8 per cent in 2022 and is projected to decrease further to 4.7 per cent in 2023.
- About 9.8 per cent of the adult and 28.4 per cent of the youth labour force was underutilized in 2019; i.e. they were either unemployed, underemployed or not in employment but interested in working, however existing conditions limit their active job search and/or their availability.
- The gender gap in the labour force participation rate stood at 27.7 percentage points in 2022, almost unchanged from 27.8 percentage points in 2021 and 27.6 percentage points in 2020.
- The youth unemployment rate decreased to 18.8 per cent in 2022, down from 22.4 per cent in 2020.
- The share of youth not in employment, education or training (NEET) for men decreased to 15.4 per cent in 2022, from 18.3 per cent in 2020, and for women it remained nearly constant at 35.8 per cent in 2022, compared to 36.1 per cent in 2020.
ILO contributions to the BRICS
International Monetary Fund Committee
14 October 2023
World Bank Development Committee
12 October 2023
BRICS Ministers of Labour and Employment meeting
29 September 2023
9th BRICS Labour and Employment Ministerial Meeting
28 September 2023