MercoPress. South Atlantic News Agency
Brazil´s unemployment reaches 11.3%; only two years ago it stood at 6.5%
Brazil's unemployment rate rose to 11.3% in the second quarter, statistics agency IBGE said, hitting a four-year high as Latin America's largest economy struggles with a crippling recession. In a sign that Brazil's labor market faces even tougher times, economists surveyed expect the unemployment rate will not start falling until 2018. Read full article
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Disclaimer & comment rulesWhere is Brass'ole? Was he murdered? Perhaps he took a swim in the sludge pool they call the Olympic outdoor arena? Maybe he's getting across the border for fear of Drumpf's wall.
Aug 05th, 2016 - 05:11 pm - Link - Report abuse 0They really need to fix their statistics agency.
Aug 06th, 2016 - 08:09 am - Link - Report abuse 0“Brazil's unemployment reaches 11.3%; only two years ago it stood at 6.5%”
Aug 06th, 2016 - 06:22 pm - Link - Report abuse 0Give it time it will soon be MUCH higher.
Keeping interest rates high is stupid in a downturn.
@3 ChrisR
Aug 06th, 2016 - 07:03 pm - Link - Report abuse 0Oh! So now you are an economist? What a joke!
@ 4 gordo01
Aug 07th, 2016 - 02:24 pm - Link - Report abuse 0You have no understanding of my professional education over the decades but as a wanker (sorry it's an EX- BANKER) I can understand you knowing FA about economics.
My favourite joke about economists:
“If you put 6 economists in a room and ask them all to solve an economics problem how many solutions would you expect?
1, 2, 3, 4, 5. 6?
NO, don't be daft, the answer is 12!”
Bit like your previous 'employment' or 'futility in inaction'.
Want to put your money where your mouth is and deny I am correct?
No, I didn't think you would.
@1 Captain
Aug 07th, 2016 - 03:47 pm - Link - Report abuse 0Just saw a silly remark posted by the Brasshole a few minutes ago...
Stupid, as usual.
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