Tag: Brazil unemployment

Saturday, May 19th 2018 - 09:43 UTC
Why the high unemployment rate in Brazil is going down

The number of people living in Brazil in a state of helplessness has reached record levels and has actually contributed to the reduction of the unemployment rate over the past 12 months. As the first quarter of 2018 came to an end, 4.6 million people found themselves in a state of helplessness – an increase of 511 thousand people over the course of one year.
Friday, April 28th 2017 - 17:23 UTC
Brazil hit by record 13.7% unemployment in March, 14 million out of a job

Brazil's jobless rate rose to a record for the fifth straight month in March with more than 14 million workers unemployed, government data showed on Friday, illustrating the hardships caused by the country's deepest recession ever.
Friday, August 5th 2016 - 12:04 UTC
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.
Monday, July 4th 2016 - 10:18 UTC
Brazilian unemployment reached a record 11.2% in the March/May quarter

Brazil's jobless rate remained stuck at a record 11.2% at the end of May, the government statistics office reported. The rate for March through May was unchanged from the previous quarter, with 11.4 million people officially out of work, the Brazilian Institute of Geography and Statistics (IBGE) said. A year ago, the jobless rate was 8.1%.
Thursday, March 3rd 2016 - 05:03 UTC
Brazil leaves key interest rate unchanged at 14.25% for the fifth time running

Brazil's central bank kept interest rates on hold on Wednesday as widely expected, opting to avoid inflicting more harm on an economy mired in its worst recession in decades despite a surge in inflation. In a split vote, the bank's monetary policy committee, Copom, kept its benchmark Selic rate at 14.25% for the fifth straight time.
Monday, February 22nd 2016 - 08:43 UTC
Unemployment in Brazil reaches 9% in Sept-Nov rolling quarter

Unemployment in Brazil was 9% during the September-November rolling quarter, unchanged from the August-October period, the Brazilian Institute for Geography and Statistics reported.
Saturday, January 16th 2016 - 10:54 UTC
Unemployment in Brazil during third quarter climbs to 9%

Unemployment in Brazil rose to 9% in the August-October rolling quarter, up from 8.6% during the previous three months, the Brazilian Institute for Geography and Statistics, or IBGE, reported Friday. The jobless rate was 6.6% in August-October 2014.
Monday, November 23rd 2015 - 08:42 UTC
Brazil job losses accelerated during October; 1.4 million in twelve months

Job losses in Brazil accelerated in October to the fastest pace so far this year as the country's political and economic crisis continues to worsen. Brazil's economy lost a net 169,131 payroll jobs in October, the Labor Ministry reported, up from 95,602 layoffs in September.
Saturday, October 31st 2015 - 06:42 UTC
Unemployment in recession-hit Brazil climbing: 8.8 million looking for jobs

Unemployment in recession deep Brazil climbed to 8.7% of active population in the quarter ending last August, the government said Thursday. The indicator shows a steep hike from the 6.9% recorded in August 2014, according to statistics of the National Study of Households (PNAD), published by the state Brazilian Institute for Geography and Statistics (IBGE).
Sunday, September 27th 2015 - 09:27 UTC
Brazil unemployment up for eighth month running; double December's rate

Brazil's unemployment rate rose for an eighth straight month in August to the highest in over five years, although the increase was slightly smaller than markets expected. The non-seasonally adjusted jobless rate rose in August to 7.6%, from 7.5% in July, statistics agency IBGE said.