Brazil's July unemployment up for a seventh straight month

Friday, August 21st 2015 - 06:57 UTC

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Brazil's unemployment rate rose for a seventh straight month in July to the highest in over five years, government data showed on Thursday. The non-seasonally adjusted jobless rate rose in July to 7.5% from 6.9% in June, statistics agency IBGE said. Read full article

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ChrisR
Inflation measured on a 'trailing 12 month basis'.

That's the way to do it! Ignore the climbing effect of previous year on year inflation even though you will eventually end up like the argies: arsewipe Real and no hope.
Aug 21st, 2015 - 01:34 pm - Link - Report abuse 0
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Jack Bauer
Unemployment will soon be higher than what's left of Dilma's 8% popularity.
And the index doesn't even consider those who have given up looking for a job, and far less those that sponge off the taxpayer, or, the recipients of the 'bolsa família', currently calculated at 15 million families and growing, or 30,000,000 people of working age. A true unemployment figure is far closer to 23% of the population......the government can do what they want to disguise the real situation, but they can't hide its effects.
Aug 21st, 2015 - 06:16 pm - Link - Report abuse 0
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