Brazil

[Brazil] - Brazil's unemployment rate is up to 8% in spite of most affordable level of official task creation

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Despite Brazil seeing the lowest level of formal job creation in the first half of the year since the onset of the pandemic in 2020, the country's unemployment rate exhibited a significant improvement.According to the Brazilian Institute of Geography and Statistics (IBGE), the unemployment rate dipped to 8% in the second quarter, marking a 0.8 percentage point decrease from the first quarter.This rate is the lowest for the second quarter since 2014.The decline ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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Category: Brazil